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Discovery World Corporation

Company Description
Discovery World Corporation (DWC) was incorporated on January 5, 1993 as Southern Visayas Property Holdings, Inc. On March 21, 2013, the Securities and Exchange Commission approved the change in corporate name to the present one. The Company’s primary purpose is to develop, invest in, own, acquire, administer, construct, and operate hotels, resorts, apartelles, condominiums, townhouses, buildings, other tourist-related structures, and their usual facilities.

DWC is engaged in the hotel and resort business through brands “Discovery Shores Boracay”, “Club Paradise Palawan” and cruise business through “Discovery Fleet”. The Company also operates “Shoppes at Vanilla Beach”, a retail strip in El Nido. DWC is a subsidiary of JTKC Equities, Inc., a holding company investing in real estate companies, predominantly in the leisure and hospitality sector.

As of December 31, 2022, DWC's subsidiaries include Euro-Pacific Resorts Inc.; Discovery Fleet Corporation; Cay Islands Corporation; Palawan Cove Corporation; Sonoran Corporation; Long Beach Property Holdings, Inc.; Lucky Cloud 9 Resort, Inc.; Balay Holdings, Inc.; Discovery Hospitality Corporation; One Davao Townships Corporation; and True Ally Ventures Limited.

Source: SEC Form 17-A (2022)
Security Information
Sector Services
Subsector Hotel & Leisure
Corporate Life 0
Incorporation Date Jan 05, 1993
Number of Directors 7
Stockholders' Meeting as per By-Laws Second Monday of June
Fiscal Year 12/31 (Month/Day)
External Auditor Reyes Tacandong & Co.
Transfer Agent Stock Transfer Service, Inc.
Contact Information
Business Address Principal Office: Station 1, Balabag, Malay, Aklan; Corporate Office: 2F JTKC Centre 2155 Chino Roces Ave., Makati City
E-mail Address [email protected]
Telephone Number (632) 8813-8857
Fax Number (632) 8519-5625