Mar 01, 2019 Newsdesk Latest News, Philippines, Top of the deck  
Belle Corp of the Philippines, the parent company of Premium Leisure Corp, an investor in the City of Dreams Manila casino resort, says it will pay a cash dividend of PHP0.12 a share on March 28 to shareholders on record on March 14.
Belle Corp told the Philippine Securities and Exchange Commission on Thursday that the dividend payment would amount to about PHP1.2 billion (US$23.2 million).
Belle Corp owns 78.7 percent of Premium Leisure. The latter company told the Philippine Stock Exchange last Friday that it would pay a cash dividend of PHP0.05024 a share on March 22 to shareholders on record on March 8. The dividend is 14.4 percent more than it paid a year ago.
The Premium Leisure dividend payment will amount to about PHP1.59 billion.
Operator of Asian casinos Melco Resorts and Entertainment Ltd runs the City of Dreams Manila.
Apr 19, 2024
Apr 18, 2024
Apr 19, 2024
Apr 19, 2024
Apr 19, 2024
The deployment of a “smart table” product – combining the use of radio frequency identification (RFID) technology and cameras gathering data for analysis via artificial intelligence (AI) –...(Click here for more)
”Once Solaire North is fully ramped up, and both properties are generating a certain expectation that we have on cash flow… then we will probably launch the Paniman [casino] project”
Enrique Razon
Chairman and chief executive of Bloomberry Resorts