C04398-2023

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 2, 2023
2. SEC Identification Number
15393
3. BIR Tax Identification No.
000-463-069-000
4. Exact name of issuer as specified in its charter
House of Investments, Inc.
5. Province, country or other jurisdiction of incorporation
Makati City, Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
9F Grepalife Building 221 Sen. Gil Puyat Ave., Makati City, Metro Manila Postal Code 1200
8. Issuer's telephone number, including area code
(632) 8815 9636
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 Shares 776,465,281
11. Indicate the item numbers reported herein
N/A

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.

House of Investments, Inc.HI

PSE Disclosure Form 4-2 - Acquisition/Disposition of Shares of Another Corporation
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Investment in Preferred Shares of ATYC, Inc.

Background/Description of the Disclosure

As previously disclosed, the House of Investments BOD approved during the May 19 meeting for HI to invest in PhP1 billion preferred shares in ATYC, Inc.

Updated to disclose that the stock certificate was issued on June 2, 2023

Date of Approval by
Board of Directors
May 19, 2023
Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction

The additional investment will be used to reduce the loans in ATYC, Inc. This will reduce interest payment and exposure to market risk.

Details of the acquisition or disposition
Date Jun 2, 2023
Manner

Subscription of preferred shares to be issued from unsubscribed and unissued capital stock.

Description of the company to be acquired or sold

ATYC, Inc. is a wholly owned subsidiary of House of Investments. It was incorporated in 2022 and owns the A.T. Yuchengco Centre in BGC.

The terms and conditions of the transaction
Number of shares to be acquired or disposed 10,000,000
Percentage to the total outstanding shares of the company subject of the transaction -
Price per share 100
Nature and amount of consideration given or received

PhP1 billion of cash in exchange for 10,000,000 preferred shares.

Principle followed in determining the amount of consideration

Subscription at par value.

Terms of payment

Cash

Conditions precedent to closing of the transaction, if any

None

Any other salient terms

None.

Identity of the person(s) from whom the shares were acquired or to whom they were sold
Name Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates
N/A N/A
Effect(s) on the business, financial condition and operations of the Issuer, if any

Reduced market risk exposure and interest expense of a wholly owned subsidiary.

Other Relevant Information

None

Filed on behalf by:
Name Ma. Esperanza Joven
Designation Vice President