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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 »
Leisure and Resorts World Corporation (LR) Set to Issue 8.5% Coupon Preferred Shares (investorjuan.com/January 25, 2013)
February 6, 2013
Leisure and Resorts World Corporation, a listed games operator in the Philippines, announced its plan to raise 1.75 billion pesos through a preferred share issuance. Proceeds of the issue will be used to finance the following projects: 1. Belle Grande Integrated Resort and Casino 2. Midas Hotel and Casino 3. Techzone project 4. Acquisition ... Read More »
P500M earmarked for electronic bingo (Businessworld Online/January 24, 2013)
February 6, 2013
Leisure & Resorts World Corp. (LRWC) aims to spend roughly P500 million this year to grow its Bingo Boutique electronic bingo gaming network to as many as 63 sites to meet growing demand, the gaming company said in a disclosure yesterday. Casino project gets more funding “The company is focused on rolling out ... Read More »
LRWC Raising P1.75 Billion From Private Placement Of Preferred Shares (mb.com.ph/January 24, 2013)
February 6, 2013
Leisure & Resorts World Corporation is planning to raise P1.75 billion through the private placement of perpetual preferred shares to fund its gaming projects including the Belle Grande Integrated Resort and Casino. In a disclosure to the Philippine Stock Exchange, LRWC said proceeds of the preferred shares offer will be used ... 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 »
LR hikes capital to P5B (businessinquirer.net/January 23, 2013)
February 6, 2013
Publicly listed Leisure & Resorts World Corp. (LR) is beefing up its capital for the expansion of its businesses in the country. In a disclosure, the company said its board had approved the expansion of its authorized capital to P5 billion from P1.6 billion, divided into 2.5 billion common shares at ... Read More »
Leisure & Resorts to raise P1.75 billion from sale of preferred shares (interaksyon.com/January23, 2013)
February 6, 2013
MANILA - Leisure & Resorts World Corp (LRWC) will issue preferred shares to finance an integrated casino complex the company and Belle Corp are putting up at the reclaimed Manila Bay area. In a disclosure to the Philippine Stock Exchange, LRWC said it will sell through a private placement P1.75 billion ... Read More »
LRWC boosts capital to P5B (PhilStar.com/January 23, 2013)
February 6, 2013
MANILA, Philippines - Hotel and recreation firm Leisure & Resorts World Corp. (LRWC) will increase its authorized capital stock to P5 billion as it seeks private investors to help fund its casino and hotel projects. In a special meeting, the company’s board of directors approved the hike in the authorized capital ... Read More »
Leisure Resorts World to increase authorized Capital Stock to P5 Billion (thenewsripper.com/January 23, 2013)
February 6, 2013
MANILA (PNA) -- Gaming firm Leisure Resorts World Corp. (LRWC) is eyeing to increase its authorized capital stock to P5 billion from P1.6 billion to expand its business. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it is looking to raise P2.5 billion common shares and P2.5 ... 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 »