Premium Leisure Corp. (PLC) Stock Price
₱0.710
0.00%
(
$0.0126
in US Dollar
)
Price Data
Open Price
₱0.710
High Price
₱0.00000
Low Price
₱0.00000
52-Week High
₱0.920
52-Week Low
₱0.560
Market Data
Trade Volume
₱0
Market Cap
₱22.16 Billion
P/E Ratio
-
Earnings Per Share
-
Book Value
-
Company Profile
Premium Leisure Corp. (PLC), formerly Sinophil Corporation (SINO), was originally incorporated on November 26, 1993 as Sinophil Exploration Co., Inc. with oil and gas exploration and development as its primary purpose. On June 3, 1997, the Securities and Exchange Commission (SEC) approved SINO's application to change its primary purpose to investment holding and real estate development. On September 5, 2014, the SEC approved the change in PLC's primary purpose to that of engagement and/or investment in gaming-related businesses.
PLC owns 100% equity investment in Premium Leisure and Amusement, Inc., which is a grantee by Philippine Amusement and Gaming Corporation (PAGCOR) of Certificate of Affiliations and Provisional License to operate integrated resorts, including casinos, in the vicinity of PAGCOR Entertainment City. The license runs concurrent with PAGCOR's Congressional Franchise, which expires in 2033, renewable for another 25 years, by the Philippine Congress.
As of December 31, 2022, the Company also owns 50.10% controlling interest in Pacific Online Systems Corporation, which leases online betting equipment to the Philippine Charity Sweepstakes Office for their lottery operations in the Visayas and Mindanao regions.
Source: SEC Form 17-A (2022)
Stock Information
Sector
Services
Subsector
Casinos & Gaming
Outstanding Shares
31,216,931,000
Share Type
Common
ISIN
PHY7092K1026
Board Lot
1000