SECURITIES AND EXCHANGE COMMISSION
SEC 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 20, 20222. SEC Identification Number 153933. BIR Tax Identification No. 000-463-069-0004. Exact name of issuer as specified in its charter House of Investments, Inc.5. Province, country or other jurisdiction of incorporation Makati City, Metro Manila, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 9F Grepalife Building, 221 Sen. Gil Puyat Ave., Makati City, Metro ManilaPostal Code12008. Issuer's telephone number, including area code (632) 8815 96369. Former name or former address, if changed since last report N/A10. 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 776,465,281
11. Indicate the item numbers reported herein N/A

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.

House of Investments, Inc.HI PSE Disclosure Form 4-1 - Acquisition or Disposition of Assets References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure

Purchase of A.T. Yuchengco Centre

Background/Description of the Disclosure

The Board of Directors (BOD) approved in the BOD Meeting of House of Investments, Inc. (HI) held on June 20, 2022 the purchase of A.T. Yuchengco Centre from RCBC for Php6.065 Billion through a new company that will be incorporated to be a wholly owned subsidiary of HI .

Date of Approval by
Board of Directors 		Jun 20, 2022
Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction

The purchase is related to the realignment of the businesses of YGC and to strengthen the conglomerate's position with a more holistic approach in the property development and management sector.

Details of the acquisition or disposition
Date TBA
Description of the Transaction

Purchase of land and building identified as A.T. Yuchengco Centre from RCBC.

Manner

Purchase of land and building from RCBC through a new company that will be incorporated as a wholly owned subsidiary.

Description of the assets involved

A.T. Yuchengco Centre is a 34-storey tower located at the heart of Bonifacio Global City in Taguig. As one of a limited number of structures accredited by the Philippine Economic Zone Authority (PEZA), it gives special access to tax incentives and government assistance. The building is especially designed for BPO offices following the quality standards of BPO-grade specifications. The skyscraper houses 25 office floors comprised of 10 BPO-grade floors, 14 regular office floors, and one data center, with nine basement and podium parking floors.

Terms and conditions of the transaction
Nature and amount of consideration given or received

The purchase price of ATYC is P6,065,000,000

Principle followed in determining the amount of consideration

Third-Party Valuation

Terms of payment

60% upon execution of the DOAS
40% via a 3-year Promissory Note with REM

Conditions precedent to closing of the transaction, if any

Incorporation of the new company

Any other salient terms

-

Identity of the person(s) from whom the assets were acquired or to whom they were sold
Name Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates
Rizal Commercial Banking Corporation RCBC and HI have common principal shareholder, Pan Malayan Management & Investment Corp.
Helen Y. Dee Chairperson of both HI and RCBC
Gil A. Buenaventura Director of both HI and RCBC
Juan B. Santos Independent Director of both HI and RCBC
Yvonne S. Yuchengco Director of HI and Advisory Board Member of RCBC
Effect(s) on the business, financial condition and operations of the Issuer, if any

1. Diversification: Expansion in the Property Services Sector will diversify the revenue and income profile of House of Investments.
2. Asset appreciation: House of Investments through the new company will own an asset that appreciates over time.
3. Earnings accretive: ATY Centre is an operating asset that will contribute to the bottom line of House of Investments.
4. Recurring income: Leasing income will prospectively provide HI will recurring income that will reduce the risk profile of HI.

Other Relevant Information

-

If the transaction being reported is an acquisition, kindly submit the following additional information:
Source(s) of funds

Combination of Debt and Equity

If any asset so acquired by the issuer or its subsidiaries constituted plant, equipment or other physical property, state the nature of the business in which the assets were used by the persons from whom acquired and whether the issuer intends to continue such use or intends to devote the assets to other purposes, indicating such other purposes

A.T. Yuchengco Centre an office tower that is being leased to financial institutions, BPOs, and corporations as their corporate office, among others. House of Investments through the new company intends to continue the leasing operations of the asset.

Filed on behalf by:
Name Ma. Esperanza Joven
Designation Vice President

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House of Investments Inc. published this content on 21 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 June 2022 00:53:09 UTC.