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 10, 2023

2. SEC Identification Number

39274

3. BIR Tax Identification No.

000-506-020-000

4. Exact name of issuer as specified in its charter

ACEN CORPORATION

5. Province, country or other jurisdiction of incorporation

Makati City, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

35th Floor, Ayala Triangle Gardens Tower 2, Paseo de Roxas corner Makati Avenue, Makati City Postal Code 1226

8. Issuer's telephone number, including area code

(02) 7730 6300

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	39,677,394,773

11. Indicate the item numbers reported herein

Item 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.

ACEN CORPORATIONACEN

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
Sale of shares in ACEHI Netherlands B.V.
Background/Description of the Disclosure
Please be advised that on 10 July 2023, the Company’s subsidiary, ACEN Renewables International Pte Ltd (“ACRI”), completed the sale of 2,424 ordinary shares representing 24.24% of the outstanding capital stock of ACEHI Netherlands B.V. (“ACEHI Netherlands”), to Star Energy Oil & Gas Pte Ltd. (“SEOG”). ACEHI Netherlands is a Dutch holding company that has a 19.8% ownership interest in the Salak and Darajat geothermal power plants in Indonesia. On the other hand, SEOG is part of the Star Energy group, which is ACEN’s current partner for the Salak and Darajat geothermal power plants in Indonesia. With this sale by ACRI of shares in ACEHI Netherlands, ACEHI Netherlands has become a jointly controlled entity by ACRI and SEOG.
Other Relevant Information
The Salak and Darajat geothermal power plant is a 655.5 MW power plant in West Java, Indonesia.