C05071-2023

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 28, 2023
2. SEC Identification Number
42543
3. BIR Tax Identification No.
000-196-724
4. Exact name of issuer as specified in its charter
ASIABEST GROUP INTERNATIONAL INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Okada Manila, New Seaside Dr, Entertainment City, Parañaque Postal Code 1701
8. Issuer's telephone number, including area code
(632) 88443819
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 Stock P1.00 par value 300,000,000
11. Indicate the item numbers reported herein
No. 9 Other Events:

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.

Asiabest Group International Inc.ABG

PSE Disclosure Form 4-25 - Results of Organizational Meeting References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Results of the Organizational Meeting of the Board of Directors

Background/Description of the Disclosure

After the annual meeting of the shareholders of the Corporation, the Board of Directors met for its organizational meeting.

List of elected officers for the ensuing year with their corresponding shareholdings in the Issuer
Name of Person Position/Designation Shareholdings in the Listed Company Nature of Indirect Ownership
Direct Indirect
Hajime Tokuda Chairman 100 0 n/a
Mark Calida Vice-Chairman 1,000 0 n/a
Kenji Sugiyama President 100 0 n/a
Hans Van der Sande Treasurer/CFO 14,000 0 n/a
Christine P. Base Corporate Secretary 0 0 n/a
List of Committees and Membership
Name of Committees Members Position/Designation in Committee
Executive Committee Kenji Sugiyama Chairman
Executive Committee Joemer Perez Member
Executive Committee Takako Okada Member
Executive Committee Hajime Tokuda Member
Nomination Committee Kenji Sugiyama Chairman
Nomination Committee Mark Calida Member
Nomination Committee Takako Okada Member
Nomination Committee Hajime Tokuda Member
Nomination Committee Kentaro Amamoto Member
Audit Committee: Mark Calida Chairman
Audit Committee: George Bernas Member
Audit Committee: Joemer Perez Member
Risk and Oversight Committee George Bernas Chairman
Risk and Oversight Committee Joemer Perez Member
Risk and Oversight Committee Byron Yip Member
Remuneration Committee Mark Calida Chairman
Remuneration Committee Kenji Sugiyama Member
Remuneration Committee Takako Okada Member
Remuneration Committee Hajime Tokuda Member
Corporate Governance: George Bernas Chairman
Corporate Governance: Kenji Sugiyama Member
Corporate Governance: Joemer Perez Member
List of other material resolutions, transactions and corporate actions approved by the Board of Directors

none

Other Relevant Information

please see attached

Filed on behalf by:
Name Christine Base
Designation Corporate Secretary/CIO/Compliance Officer