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 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Board Approval to hold Special Shareholders' Meeting
Background/Description of the Disclosure
The Board of Directors approved today the following material transactions: 1. Approval of the issuance of up to 1,555,893,334 common shares through the Private Placement; 2. Approval of the Amendment of the Articles of Incorporation to reclassify One (1) Billion Preferred Shares to Common Shares; and 3. Approval to call for a Special Shareholders Meeting on 7 January 2022 at 2pm via zoom teleconference for the approval of the following: a. Approval of the issuance of up to 1,555,893,334 common shares through the Private Placement; and b. Approval of the Amendment of the Articles of Incorporation to reclassify One (1) Billion Preferred Shares to Common Shares. A separate disclosure is filed for the Notice of the Special Shareholders Meeting captioned above.
Other Relevant Information
There are no definite details on the Private Placement as of date. The Company will disclose to the Exchange once additional details are finalized. The amendment was made to correct the term from the word “convert” to “reclassify”. In avoidance of doubt, the Board of Directors approved the amendment of the Articles of Incorporation on the reclassification (and not conversion) of One (1) Billion Preferred Shares to Common Shares.