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)

Jul 11, 2023

2. SEC Identification Number

CS200319138

3. BIR Tax Identification No.

227-409-243-000

4. Exact name of issuer as specified in its charter

ALLIANCE SELECT FOODS INTERNATIONAL, INC.

5. Province, country or other jurisdiction of incorporation

Pasig City, NCR, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Suite 3104A, West Tower, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig City Postal Code 1605

8. Issuer's telephone number, including area code

63-2-7747-3798

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 STOCK	2,499,712,463
Debt Outstanding (As of Dec. 31, 2022)	US$ 14,827,795

11. Indicate the item numbers reported herein

Item No. 9 - Other Matters

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.

Alliance Select Foods International, Inc.FOOD

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
Correction of FOOD Profile – Foreign Ownership Limit from 100% to 40%
Background/Description of the Disclosure
Alliance Select Foods International, Inc. (PSE: FOOD) requested the Philippine Stock Exchange to correct FOOD’s Stock Data Foreign Ownership Limit from the current 100% to 40%, inasmuch as: (a) FOOD’s Articles of Incorporation allow the Company “to purchase, acquire, own, lease and convey real properties such as lands, buildings, factories and warehouses and machineries, equipment and other personal properties as may be necessary or incidental to the conduct of the corporate business x x x” (Company Articles of Incorporation, Article 2, Section A(1)); (b) The Corporation’s subsidiary, Alliance MHI Properties, Inc. owns the land in General Santos City on which the Corporation’s manufacturing plant is located; and (c) Philippine law and jurisprudence state that for a corporation to own land, which the Corporation is empowered to do by virtue of its Articles of Incorporation, at least 60% of the outstanding capital stock must be owned by Philippine nationals.
Other Relevant Information
See attached SEC Form 17-C