Bloomberry Resorts Corporation (BLOOM)

This article may contain out of date contents.
For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name	Bloomberry Resorts Corporation (BLOOM)
Sector	Services		Incorporation Date	May 03, 1999
Subsector	Casinos & Gaming		Number of employees	5,272 (Group Total)
Board of Directors	Chairman: Enrique K. Razon, Jr.
Website / E-mail	www.bloomberry.ph / lvenezuela@bloomberry.ph
2. Stock Information
Total Assets	73,340,703,040	Market Capitalization		111,777,444,974.00
Total Liabilities	42,925,609,157	Outstanding Shares		11,001,717,025
Retained Earnings	6,051,967,673	Listed Shares		11,032,998,225
Listing Date	Oct 17, 2000	Issued Shares		11,032,998,225
Board Lot	100	Free Float Level (%)		33.93%
Par Value	1.00	Foreign Ownership Limit		40%
3. Major Stock Holders (common shares)
PRIME METROLINE HOLDINGS, INC. PCD NOMINEE CORPORATION (NON-FILIPINO) QUASAR HOLDINGS, INC. PCD NOMINEE CORPORATION (FILIPINO)				54.90% 27.32% 08.35% 06.68%
4. Company Descriptions and Business Development
Notes 1. Enrique K. Razon, Jr. is the chairman of ICT, a listed company. 2. Director Christian R. Gonzales is the nephew of Chairman and Chief Executive Officer, Enrique K. Razon, Jr.
Overview BLOOM owns and operate Solaire casino in Entertainment City. BRHI operates the casino while Sureste operates the hotel and other non-gaming business. Phase 1 of Solaire consists of a casino with an aggregate gaming floor area of approximately 18,500 square meters (including approximately 6,000 square meters of exclusive VIP gaming areas), with approximately 1,653 slot machines, 295 gaming tables and 88 electronic table games. Phase 1 has 488 hotel rooms. The phase 2, Sky Tower, consist of a 312 all-suite hotel, additional ten VIP gaming salons with 66 gaming tables and 230 slot machines. Sky Tower also features Sky Range Shooting Club with 5 rifle shooting bays and 15 pistol bays. Business Net revenue contribution per source in 2016 Philippines Korea Net gaming revenues 27,946,779,000 92.79% 103,095,000 32.75% Non-gaming & others 2,168,990,000 7.21% 211,712,000 67.25% 30,115,769,000 100% 314,807,000 100% Philippines gaming revenues consists of VIP tables (47%), Mass talbe (27%) and Slots (26%). Subsidiaries / Associates / Affiliates / Joint Ventures Sureste Properties, Inc is engated in development/operation of tourist facilities including casino. It’s registered with PEZA. Bloomberry Resorts and Hotels, Inc. (BRHI, 100% owned by SPI) has acquired a regular casino gaming license by PAGCOR to operate casino. Bloom Capital B.V(100%) has 94% of Solaire de Argentina S.A. Solaire Korea Co., Ltd (Solaire Korea, 100%) Golden & Luxury Co., Ltd(86.23% by Solaire Korea, 10% by BLOOM) operates a casino in Jeju island. Muui Agricultural Corporation(80% owned by Solaire Korea) is planning Muui island in Korea.