January 17, 2018 7:17 PM ET

Hotels, Restaurants and Leisure

Company Overview of AB Leisure Global, Inc.

Company Overview

AB Leisure Global, Inc. operates and manages casinos. The company is based in the Philippines. AB Leisure Global, Inc. operates as a subsidiary of Leisure & Resorts World Corp.



Key Executives for AB Leisure Global, Inc.

AB Leisure Global, Inc. does not have any Key Executives recorded.

AB Leisure Global, Inc. Key Developments

AB Leisure Global, Inc. Executes an Omnibus Loan and Security Agreement with BDO Unibank, Inc

Leisure & Resorts World Corporation wholly-owned subsidiary AB Leisure Global, Inc. (ABLGI), as borrower executed an Omnibus Loan and Security Agreement (OLSA) of PHP 2,500,000,00.00 with BDO Unibank, Inc.-­ Trust and Investment Group as Security Trustee and the Company, LRWC, as Surety. The OLSA was executed to fund the acquisition of parcels of land for its planned Resort development.

AB Leisure Global, Inc. Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2016

AB Leisure Global, Inc. announced unaudited earnings results for the first quarter ended March 31, 2016. For the first quarter of 2016, ABLGI recognized share in gaming revenue of PHP 17.0 million, an increase of PHP 1.7 million or 11.1% from same period last year of PHP 15.3 million. With the higher share in lease income during the quarter, net income likewise increased to PHP 45.8 million against the PHP 15.5 million net income for the same quarter in 2015.

Recent Private Companies Transactions

No transactions available in the past 12 months.

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