C08864-2020

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)
Dec 23, 2020
2. SEC Identification Number
CS200516361
3. BIR Tax Identification No.
242-186-710-000
4. Exact name of issuer as specified in its charter
Kepwealth Property Philippines, Inc
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Unit IJOI-23 Burgundy Corporate Tower 252 Sen. Gil Puyat Ave., Makati City Postal Code 1230
8. Issuer's telephone number, including area code
(02) 7978-5080
9. Former name or former address, if changed since last report
N/A
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 201,057,609
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.

Kepwealth Property Phils., Inc.KPPI

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

Termination of Asset Management Agreements effective December 31, 2020

Background/Description of the Disclosure

The Registrants announces the termination of the Asset Management Agreements ( the "Agreements") that it executed with Gallipoli Real Estate, Inc, Ortigia Property Holdings, Inc., Melbury Property Holdings, Inc. and Gallipoli Two Real Estate, Inc. involving certain commercial units located across Metro Manila effective December 31, 2020. The Agreements will be terminated by said clients because of the financial challenges brought by the COVID-19 pandemic. The termination of the agreements is expected to result in a decrease of the projected revenue of the Registrant by twelve (12%) percent for the year 2021.

Other Relevant Information

None

Filed on behalf by:
Name John Catindig
Designation Chief Information Officer and Compliance Officer