SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Nov 22, 2021

2. SEC Identification Number

13174

3. BIR Tax Identification No.

000-108-278-000

4. Exact name of issuer as specified in its charter

LEISURE & RESORTS WORLD CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

26/F West Tower, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig City Postal Code 1605

8. Issuer's telephone number, including area code

(632) 8634-5099

9. Former name or former address, if changed since last report

N/A

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common	2,444,106,666
Preferred	0

11. Indicate the item numbers reported herein

9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Leisure & Resorts World CorporationLR

PSE Disclosure Form 4-3 - Amendments to Articles of Incorporation References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Board approval for the Amendment of Articles of Incorporation
Background/Description of the Disclosure
On 22 November 2021, the Board of Directors approved the Amendment of the Articles of Incorporation for the reclassification of One (1) Billion Preferred Shares to Common Shares. A Special Shareholders Meeting will be called on January 7, 2022 at 2pm, via zoom teleconference, to seek the approval of the shareholders for the Amendment of the Articles of Incorporation.

Date of Approval by Board of Directors	Nov 22, 2021
Date of Approval by Stockholders	TBA
Other Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Securities and Exchange Commission	TBA
Date of Receipt of SEC approval	TBA

Amendment(s)

Article No.	From	To
Seventh	SEVENTH: That the capital stock of the Corporation is Five Billion Pesos (P5,000,000,000.00) and said capital stock is divided into Four Billion (4,000,000,000) shares of Common Stock of the par value of One Peso (P1.00) each and One Billion (1,000,000,000) shares of Preferred Stock with par value of One Peso (P1.00) per share.	SEVENTH: That the capital stock of the Corporation is Five Billion Pesos (P5,000,000,000.00) and said capital stock is divided into Five Billion (5,000,000,000) common shares of stock with a par value of One Peso (P1.00) each.

Rationale for the amendment(s)
To raise funds to address the capital and operational requirements of the Company.

The timetable for the effectivity of the amendment(s)

Expected date of filing the amendments to the Articles of Incorporation with the SEC	TBA
Expected date of SEC approval of the Amended Articles of Incorporation	TBA

Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any
To raise funds to address the capital and operational requirements of the Company.
Other Relevant Information
On July 30, 2021, the Shareholders approved the Amendment of the Articles of Incorporation on the reclassification of One Billion Five Hundred Million (1,500,000,000) Preferred Shares to Common Shares, wherein, the total amount of Authorized Capital Stock after the reclassification of shares will be Four Billion (4,000,000,000) Common Shares and One Billion (1,000,000,000) Preferred Shares. While the Shareholders approved the foregoing on July 30, 2021, the Amendment of the Articles of Incorporation reflecting the above-captioned reclassification is currently pending SEC approval.