LRWC Subsidiary ABLGI Executes OLSA with BDO

Leisure & Resorts World Corporation’s (PSE: LR) wholly-owned subsidiary AB Leisure Global Inc. (ABLGI), as borrower, executed an Omnibus Loan and Security Agreement (OLSA) of PhP2.5 billion with BDO Unibank Inc. (PSE: BDO) – Trust and Investment Group as Security Trustee and the company, LRWC, as Surety. The OLSA was executed to fund the acquisition […]
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Leisure & Resorts World Declares Cash Dividends

Pasig—(PHStocks)—Leisure & Resorts World Corp. (PSE: LR) has declared a regular cash dividend of eight centavos (PhP0.08) per share to all common stockholders of record as of 29 September 2017. The dividends will be from the company’s unappropriated retained earnings as of 31 May 2017. The cash dividends will be paid on 24 October 2017. […]
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PHStocks Exclusive: Top 30 Worst Performing Stocks in May 2017

Manila—(PHStocks)—We continue our PHStocks top performers and losers list by providing you the top 30 stocks that have posted the biggest stock price drops over the past month. Of course, there are many reasons why these stock prices fell. Profit taking, for instance, or macroeconomic factors. Nevertheless, this doesn’t mean that these stocks aren’t good […]
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LRWC 2015 Net Income Up 37% to PhP1.03B

Pasig—(PHStocks)—Leisure & Resorts World Corp. (LRWC, PSE: LR) is pleased to announce its full-year 2015 financial performance. LRWC reported its 2015 consolidated net income of PhP1.03 billion, which is 37% higher than 2014’s net income of PhP750 million. Fourth quarter net income also increased by PhP6 million (up by 3%) to PhP229 million as against PhP223 million in the same period last […]
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PHStocks Exclusive: Top 40 Worst Finishers in 2015

Manila—(PHStocks)—Yesterday, we featured the top 40 best performing stocks in 2015. (You can see the list here). This time, we will list the top 40 “losing” stocks for the year. I won’t say they are the worst performers though. I am sure most of these companies have several ups during the past 12 months. However, […]
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PHStocks Exclusive: Strongest Stocks in November

Manila—(PHStocks)—As always, here we are to highlight some of the strongest performing stocks in past month of trading. In October, D&L Industries Inc. (PSE: DNL) displaced Nickel Asia Corp. (PSE: NIKL), which ended its six-month stock price rally, as the strongest stock performer for the month. DNL’s stock price has been steadily gaining since July. […]
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PHStocks Exclusive: Top 50 Stock Price Gainers in November

Manila—(PHStocks)—The Philippine economy grew by 5.3% for the third quarter; lower than most analysts’ expectations, and down from 6.4% in the previous quarter. Nevertheless, investors local and abroad remained optimistic of the Philippine stock market, driving up the local stock barometer in the positive side during the last trading day of November. The PSE index […]
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PHStocks Exclusive: Strongest Stocks for September

Manila—(PHStocks)—We have posted the top 50 stock price gainers for September here yesterday. But for this post, we are highlighting those companies who have continued to be among the top stock price gainers month-on-month. Special attention, meanwhile, should be given this company, which has continued to be among the top 50 gainers for the past […]
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