News
We will keep our stakeholders apprised of the current events and activities of our subsidiaries.
LRWC Redeemed All Outstanding Preferred Shares on January 31, 2020 (Press Release)
February 10, 2020
NEWS RELEASE LRWC Redeemed All Outstanding Preferred Shares on January 31, 2020 LRWC (the “Company”) redeemed all its outstanding preferred shares on January 31, 2020. The total number of shares redeemed at par value was 1,650,000,000, amounting to Php1.65 billion. The Company also paid the accrued interest from July 1 to December ... Read More »
Improved business climate at CEZA to lure more gaming investors (Press Release)
December 20, 2017
LEISURE AND RESORTS WORLD CORPOATION NEWS RELEASE December 20, 2017 Improved business climate at CEZA to lure more gaming investors A level playing field, world-class internet connectivity, stable power supply and a brand new international airport in a secure and stable business environment, await international gaming licensees (IGL) in online (offshore) gaming looking to set ... Read More »
LRWF partners with GK USA-Boston and adopts Ark of Noah Community in Bocaue, Bulacan
October 1, 2017
PRESS RELEASE Leisure & Resorts World Corporation The Philippine Star Lifestyle Sunday Sunday/October 1, 2017 L-R: Mylene De Mesa/ LRWC CorpCom; Regina Benitez/ LRWC CSR Head; Clarita Zarraga/ LRWC Independent Director; Etienne Marsot and Clara De Coha/French Interns of GK Ark of Noah Community; Maricel Villanueva/ GK USA Executive Director; Cesar Santos/ GK Ark of ... Read More »
LRWC Press Statement Revenue NI AAFS 2016
April 8, 2017
LRWC PRESS STATEMENT Leisure and Resorts World Corporation LRWC Managed a Difficult Year In spite of Regulatory Challenges Earnings slightly higher with a Net Income of P1.055B (or P0.88 per share) Leisure & Resorts World Corporation (LRWC) is pleased to announce its Full Year 2016 Financial Performance. LRWC reported its 2016 Consolidated Net Income (NI) of ... Read More »
Press Statement: LR’s 2015 Full Year Net Income up 37% and tops the P1Billion Peso Mark to end at P1.030B LRWC Continues to Buck the Downtrend in the Gaming Sector AFS 2015
April 19, 2016
Click to view: Press Release AFS 2015 041916 For further information regarding this Press Release, you may contact: Freddie B. Reyes Head, Investor Relations / + (632) 482.7622 +(63) 917 527-5499 / freddie.reyes@lrwc.com.ph Mylene De Mesa Corporate Communications / mylene.demesa@lrwc.com.ph 26/F West Tower, PSE Center, Ortigas, Pasig City
Press Statement: Php1.65B Perpetual Preferred Share Offering
July 5, 2013
PRESS STATEMENT Leisure & Resorts World Corporation (LRWC) has raised P1.65 billion through a share sale of preferred shares to ten (10) private investors, foremost of which are GSIS who invested P800 million and Philippine Commercial Capital, Inc. who invested P200 million. The preferred shares have a coupon rate of 8.5% per annum and ... Read More »
Press Statement: AB Leisure Global, Inc. and BDO Unibank, Inc. seals Php3B-Omnibus Loan Security Agreement
May 30, 2013
PRESS STATEMENT Leisure & Resorts World Corporation or “LRWC” (PSE stock code: LR) would like to announce that its wholly-owned subsidiary, AB Leisure Global, Inc. (or “AB Global”) executed an Omnibus Loan and Security Agreement (OLSA) in the amount of Three Billion Pesos (P3,000,000,00.00) with BDO Unibank, Inc. as the Lender. ... Read More »
LRWC eyeing P1 billion for more bingo sites, building project (themanilatimes.net/January 25, 2013)
February 6, 2013
Listed gaming firm Leisure and Resorts World Corp. (LRWC) is looking to spend P500 million for 30 to 40 additional bingo sites, and another P500 million for a joint office building project in Makati City called Techzone. LWRC Investor Relations Officer Freddie Reyes said in a telephone interview that as part ... Read More »
Press Statement: Leisure and Resorts World Corporation | LRWC (pnoytrader.com/January 24, 2013)
February 6, 2013
PRESS STATEMENT Leisure & Resorts World Corporation (LRWC) would like to announce that its Board of Directors had approved a number of items in the Special Board meeting last January 22, 2013 that shall be included in the agenda during the Special Stockholders Meeting scheduled for 22 March 2013: 1. An increase ... Read More »
LRWC plans P1.75-billion private placement move (Business Mirror/January 23, 2013)
February 6, 2013
Leisure and Resorts World Corp. (LRWC) plans to raise fresh funds through a private placement in a move to bankroll its additional gaming sites in the Philippines. The company, which operates a number of casinos and other gaming sites in the country, said it will offer P1.75 billion worth of perpetual ... Read More »