Feb 25, 2019 Newsdesk Latest News, Philippines, Top of the deck  
Philippines-listed Premium Leisure Corp says its board of directors declared a cash dividend of PHP0.05024 (US$0.00097) per share, up 14.4 percent from a year earlier.
The latest announced dividend represents a payout totalling approximately PHP1.59 billion, the firm said in a Friday filing to the Philippine Stock Exchange. The dividend will be paid on March 22 to shareholders of record as of March 8.
Premium Leisure Corp is 78.7-percent owned by Philippine conglomerate Belle Corp. The latter is entitled to receive – via its subsidiary Premium Leisure Corp – a share of the gaming income at City of Dreams (CoD) Manila, (pictured) a casino property operated in the Philippine capital by a unit of Asian gaming operator Melco Resorts and Entertainment Ltd.
Belle Corp said in November that its net profit for the first nine months of 2018 increased 1.2 percent year-on-year to PHP2.20 billion, compared to PHP2.17 billion a year earlier. That was despite a 17 percent decline year-on-year in third-quarter net profit.
Mar 21, 2024
Mar 11, 2024
Apr 26, 2024
Apr 26, 2024
Apr 26, 2024
The Edge financial news outlet reported on Friday a statement on behalf of Malaysian businessman Vincent Tan of lottery specialist Berjaya Corp Bhd, describing as “inaccurate” reports of talks on...(Click here for more)
"With our ambition to be the leading gaming platform for the regulated online real money gaming industry, the addition of NeoGames to our team advances our strategy to build global scale and capability"
Trevor Croker
Chief executive of Aristocrat Leisure