Item 8.01: Other: Court Ordered Share Cancellation

On March 26, 2021, management of Asia Properties, Inc., ("ASPZ" or the "Company") received notification from the Eighth Judicial District Court for Clark County, Nevada, that the Company had succeeded in obtaining a court ordered notice to cancel and return to treasury a total of 1,550,000,000 common shares improperly issued by a previous board of directors and/or officers to 582 individuals or entities.

Following careful analysis by the Legal Department of the Company's Transfer Agent, all 1,550,000,000 common shares have now been formally cancelled and removed from the Shareholder List.

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