Leisure and Resorts World Subsidiary Seal PhP3B OLSA with BDO

Leisure & Resorts World Corporation (LRWC, PSE: LR) has announced that its wholly owned subsidiary AB Leisure Global Inc. executed an Omnibus Loan and Security Agreement (OLSA) in the amount of PhP3 billion with BDO Unibank Inc. (PSE: BDO) as the Lender. BDO Unibank Inc. – Trust and Investment Group signed on as the Security Trustee. Since AB Global is […]
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LRWC Board Approves Increase in Authorized Capital Stock

Pasig—(PHStocks)—The Board of Directors of Leisure & Resorts World Corporation (LRWC, PSE: LR)  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 in the authorized capital stock of LRWC to PhP5 […]
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LRWC Core Business Breaches Billion Mark in 1st Quarter

Ortigas–(PHStocks)–Leisure and Resorts World Corporation’s (LRWC) core business, AB Leisure Exponent Inc. (ABLE a.k.a. Bingo Bonanza Corporation), gross revenue breaches the billion mark as early as the first quarter of 2012. At the same time, net income posted a double digit growth of 13.7%. Rapid sales increase was attributed to new gaming products, i.e. electronic […]
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