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 31, 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 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
Update on the Company's Preferred Shares Offering
Background/Description of the Disclosure
The Company received the pre-effective letter of the Securities and Exchange Commission (“SEC”), favorably considering the Company’s Registration Statement for the proposed application for the shelf registration of up to Fifty Million (50,000,000) perpetual, cumulative, non-voting, non-participating, non-convertible, redeemable, and re-issuable Philippine Peso-denominated Preferred Shares (the “Preferred Shares”) with an Offer Supplement for the first tranche of up to 12,500,000 Preferred Shares and an Oversubscription Option of up to 12,500,000 Preferred Shares, to be offered in Series A and/or Series B at the discretion of the Company, with a par value of One Peso (P1.00) per share at an Offer Price of Php1,000.00 per share, subject to compliance by the Company with all the conditions prescribed in the pre-effective letter and such other requirements as may be prescribed by the SEC. The pre-effective letter is without prejudice to the prerogative of the SEC to act later against the subject entity, if warranted, to ensure full compliance with the provisions of the Securities Regulation Code, its implementing rules and regulations, as well as PD 129, as amended, and Omnibus Rules and Regulations for Investment House and Universal Bank Registered as Underwriters of Securities.
Other Relevant Information
This disclosure is related to Disclosure Report No. C01721-2023 dated 8 March 2023, Disclosure Report No. C04135-2023 dated 24 May 2023, and Disclosure Report No. C05680-2023 dated 26 July 2023.