Home > Company List > Company Information
Premium Leisure Corp.
|Premium Leisure Corp. (PLC), formerly Sinophil Corporation (SINO), was originally incorporated on November 26, 1993 as Sinophil Exploration Co. 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 for a change in primary purpose from oil and gas exploration and development to investment holding.
PLC wholly 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.
The Company also owns 50.1% controlling interest in Pacific Online Systems Corporation (LOTO), 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 (2015)
|Subsector||Casinos & Gaming|
|Incorporation Date||Oct 26, 1993|
|Number of Directors||7|
|Stockholders' Meeting as per By-Laws||May - any day|
|Fiscal Year||12/31 (Month/Day)|
|External Auditor||SyCip, Gorres, Velayo & Company|
|Transfer Agent||Banco de Oro Unibank, Inc. - Trust Banking Group|
|Business Address||5th Floor, Tower A, Two E-Com Center, Palm Coast Avenue, Mall of Asia Complex, Pasay City|
|Telephone Number||(+632) 662-8888|
|Fax Number||(+632) 662-8896|