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PH Resorts Group Holdings, Inc.

Company Description
PH Resorts Group Holdings, Inc. (PHR), formerly Philippine H2O Ventures Corp. (H2O), was originally incorporated as Calapan Equity Ventures, Inc. on January 30, 2009 as an investment holding company.

On February 28, 2018, PHR was notified by its former parent entity Jolliville Holdings Corporation, that a sale and purchase agreement (SPA) was executed to transfer a majority interest in the Company to Udenna Development Corporation or to any of its assignees.

On June 1, 2018, after the launch and completion of a tender offer, the common shares subject of the SPA were transferred to Udenna Corporation (Udenna) through a special block sale on the PSE. On June 25, 2018, the shareholders of PHR approved the change of the Company's name to the current one. The Company also changed its primary purpose to subscribe, acquire, hold, sell, assign, or dispose shares of stock and other securities of any corporation including those engaged in the hotel and/or gaming and entertainment business.

Subsequently, on June 27, 2018, a deed of assignment was executed between PHR and Udenna pursuant to which Udenna agreed to transfer all the shares in PH Travel and Leisure Holdings Corp. to the Company.

PHR will be the holding entity for the tourism-related businesses of the Udenna Group to include, among others, an integrated resort and casino project in Lapu-Lapu City, Cebu, and Clark Global City in Angeles, Pampanga.

Source: The Company (2019)
Security Information
Sector Services
Subsector Casinos & Gaming
Corporate Life
Incorporation Date Jan 30, 2011
Number of Directors
Stockholders' Meeting as per By-Laws
Fiscal Year 12/31 (Month/Day)
External Auditor Sycip Gorres Velayo & Co.
Transfer Agent Rizal Commercial Banking Corporation - Stock Transfer Dept.
Contact Information
Business Address GGDC Administrative Services Building, Clark Global City, Clark Freeport Zone Pampanga, Philippines
E-mail Address
Telephone Number (632) 403-4015
Fax Number (632) 403-4022
Website www.phresorts.com