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)

Jan 16, 2024

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 3104 West Tower PSEC Exchange Rd., Ortigas Business District, Pasig City, Metro Manila, Philippines Postal Code 1605

8. Issuer's telephone number, including area code

(02) 8637-8800

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. 5

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 4-26 - Legal Proceedings References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
LEGAL PROCEEDINGS
Background/Description of the Disclosure
Minority shareholders of Alliance Select Foods International, Inc. (“ASFII”; PSE: “FOOD”); namely, Harvest All Investment Limited, Victory Fund Limited, Bondeast Private Limited, Estate of Albert Hong Hin Kay and Hedy S. C. Yap-Chua (the “Hedy Group”) filed a Petition for Review on Certiorari with the Supreme Court (the “Petition”), to appeal the Court of Appeals’ (“CA”) dismissal of the Hedy Group’s civil complaint filed in 2015 (the “Complaint”) finding, among others, that the Group had committed forum shopping. ASFII received the Petition through its legal counsel on January 16, 2024.

Name of the court or agency in which the proceedings are pending	SUPREME COURT
Date Instituted	Jan 8, 2024
Docket Number	GR No. 270392 (CA-G.R. SP No. 165391)

Principal Parties
Harvest All Investment Limited, Victory Fund Limited, Bondeast Private Limited, Estate of Albert Hong Hin Kay, as minority shareholders of Alliance Select Foods International, Inc., and Hedy S. C. Yap Chua, as then director and shareholder of Alliance Select Foods International, Inc. v. Alliance Select Foods International, Inc., George E. Sycip, Jonathan Y. Dee, Raymund K.H. See, Mary Grace T. Vera-Cruz, Antonio C. Pacis, Erwin M. Elechicon, and Barbara Anne C. Migallos
Nature and description of the legal proceedings
The complaint (which was amended on August 2015) sought to enjoin ASFII and the majority of its then-Board of Directors and Corporate Secretary, from implementing and carrying out a Stock Rights Offering (“SRO”) prior to and as a condition for the holding of ASFII’s 2015 Annual Shareholders’ Meeting.
The effect(s) on the Issuer's business or operations, if any
The filing of the Petition has no effect on FOOD’s business or operations. FOOD Management continues to focus on growing the business.
Other Relevant Information
Please see attached SEC Form 17-C. This Disclosure has been amended to Indicate that the Hedy Group appealed the Court of Appeals dismissal to the Supreme Court.