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)

Oct 24, 2019

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, PSE 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	2,417,500,000
Preferred	1,650,000,000
Warrants	82,500,000

11. Indicate the item numbers reported herein

Item 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 4-21 - Redemption of Security References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Redemption of all outstanding Preferred Shares on January 31, 2020.
Background/Description of the Disclosure
Redemption of all outstanding Preferred Shares on January 31, 2020.

Date of Approval by Board of Directors	Oct 24, 2019
Record Date, if applicable	Dec 31, 2019
Redemption Price	Php1.00
Redemption Period	-
Redemption Date	Jan 31, 2020

Effects on the capital structure

Issued Shares

Type of Security/Stock Symbol	Before	After
Preferred / LRP	1,650,000,000	0
Common / LR	2,417,500,000	2,417,500,000

Outstanding Shares

Type of Security/Stock Symbol	Before	After
Preferred / LRP	1,650,000,000	0
Common / LR	2,417,500,000	2,417,500,000

Treasury Shares

Type of Security/Stock Symbol	Before	After
Treasury Shares	0	1,650,000,000

Listed Shares

Type of Security/Stock Symbol	Before	After
Preferred / LRP	1,650,000,000	0
Common / LR	1,199,852,512	1,199,852,512

Effect(s) on foreign ownership level, if any	Based on the number of foreign-owned shares as of September 30, 2019, the foreign ownership level of all outstanding shares (voting and non-voting) is 18.43%. Assuming the same data remains on redemption date, the foreign ownership level will be 18.37%

Other Relevant Information

As resolved during the Special Board of Directors’ Meeting on October 24, 2019, the Company will redeem all outstanding Preferred Shares on January 31, 2020 at the Redemption Price of Php1.00 per share to all holders of Preferred Shares on such date. The redeemed shares will be treated as Treasury Shares until and unless the shares are retired or reissued. To date, the Company has no plans to reissue the said shares.