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Premium Leisure Corp.

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Company Description
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, 2020, 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 (2020)
Security Information
Sector Services
Subsector Casinos & Gaming
Corporate Life 50
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
Contact Information
Business Address 5th Floor, Tower A, Two E-Com Center, Palm Coast Avenue, Mall of Asia Complex, Pasay City
E-mail Address
Telephone Number (632) 8662-8803
Fax Number (632) 8662-8898
Website http://www.premiumleisurecorp.com