C05499-2020

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Aug 4, 2020
2. SEC Identification Number
51048
3. BIR Tax Identification No.
000-053-167
4. Exact name of issuer as specified in its charter
FILINVEST DEVELOPMENT CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
The Beaufort, 5th Avenue corner 23rd Street, Bonifacio Global City, Taguig City Postal Code 1634
8. Issuer's telephone number, including area code
(632) 7918-8188 / 7798-3959
9. Former name or former address, if changed since last report
Not applicable
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common 8,648,462,987
11. Indicate the item numbers reported herein
9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Filinvest Development CorporationFDC

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Update on the Company's disclosure on December 13, 2019 regarding the Share Purchase Agreement

Background/Description of the Disclosure

We refer to the disclosure made by Filinvest Development Corporation (“FDC”) to the Philippine Stock Exchange (the “Exchange”) on 13 December 2019, informing the Exchange that FDC had entered into a Share Purchase Agreement (the “SPA”) for the purchase of all the issued shares of Choengmon Real Estate Company Limited (CRE), a limited liability company established under the laws of Thailand, subject to the satisfaction of certain conditions precedent and completion requirements by each of the parties to the SPA.

We would like to inform the Exchange that FDC has exercised its right to terminate the SPA pursuant to its terms.

Other Relevant Information

Update on the Company's disclosure on December 13, 2019 regarding the Share Purchase Agreement

Filed on behalf by:
Name Sharon Refuerzo
Designation Legal Counsel & Corporate Information Officer