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)

Jun 30, 2021

2. SEC Identification Number

54666

3. BIR Tax Identification No.

000-163-396

4. Exact name of issuer as specified in its charter

SHAKEY'S PIZZA ASIA VENTURES INC.

5. Province, country or other jurisdiction of incorporation

MANILA, PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

15KM EAST SERVICE ROAD CORNER MARIAN ROAD 2, BARANGAY SAN MARTIN DE PORRES, PARANAQUE CITY Postal Code 1700

8. Issuer's telephone number, including area code

(632) 8742 5397

9. Former name or former address, if changed since last report

-

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 Shares	1,531,321,053

11. Indicate the item numbers reported herein

Item 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.

Shakey's Pizza Asia Ventures, Inc.PIZZA

PSE Disclosure Form 16-1- Update on Corporate Actions/
Material Transactions/Agreements References: SRC Rule 17 (SEC Form 17-C) and
Section 16 of the Revised Disclosure Rules

Subject of the Disclosure
Shakey’s Pizza Asia Ventures Inc’s and JE Holdings, Inc. signed today the Subscription Agreement covering 152,439,025 of SPAVI shares
Background/Description of the Disclosure
Please be informed that Shakey’s Pizza Asia Ventures Inc’s and JE Holdings, Inc. signed today the Subscription Agreement covering 152,439,025 new primary shares. As disclosed on May 12, 2021, the Board of Directors approved the entry of JE Holdings, Inc to further strengthen post COVID-19 expansion plans.
Other Relevant Information
Shakey’s Pizza Asia Ventures Inc (PSE: PIZZA), the Philippines’ leading chained full-service restaurant, welcomes JE Holdings, Inc., a new strategic investor to further strengthen its post COVID-19 expansion plans. Beginning June of this year, JE Holdings – a private investment company of the Gokongweis, one of the Philippines’ most prominent business families – joins the Po family’s private holding company Century Pacific Group and the sovereign wealth fund of Singapore as a top shareholder of the Company. JE Holdings infuses Php1.25 billion into the Company in exchange for newly issued shares, resulting in an approximately 9% ownership stake in PIZZA. This equates to a purchase price of Php8.20 per share - a 10% premium over the Company’s latest stock price and 14.6% higher than the latest 45-day volume weighted average. Please see attached Subscription Agreement.