Friday, February 9, 2018

Melco Resorts and Entertainment (Philippines) Corporation (MRP)

This posting may contain out of date contents.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
Melco Resorts and Entertainment (Philippines) Corporation (MRP)
Sector
Services
Incorporation Date
Nov 06, 1974
Subsector
Casinos & Gaming
Number of employees
4365 (Group Total)
Board of Directors
Chairman: Clarence Yuk Man Chung
Website / E-mail
http://www.melco.resorts-philippines.com / mrp_ir@melco-resorts.com
2. Stock Information
Total Assets
42,559,015,000
Market Capitalization
41,367,380,171.10
Total Liabilities
37,034,681,000
Outstanding Shares
5,666,764,407
Retained Earnings
-19,024,517,000
Listed Shares
5,666,764,407
Listing Date
Apr 02, 1991
Issued Shares
5,666,764,407
Board Lot
100
Free Float Level (%)
27.02%
Par Value
1.00
Foreign Ownership Limit
100%
3. Major Stock Holders (common shares)
MCO (Philippines) Investments Limited
69.72%
4. Company Descriptions and Business Development
Notes
1.
Overview
The name has changed from Interphil Laboratories, Inc. to Manchester International Holdings Unlimited, Melco Crown (Philippines) Resorts Corporation (MCP) and then the current name.
Crown Resort Ltd. sold the stakes in Melco Resorts & Entertainment Limited (Melco) to Melco International Development Limited. (MIDL). Now MIDL is the majority holder of Melco, the utltimate parent company of MRP. It is currently operates City of Dreams (COD).  COD has 380 gaming tables, 1,700 slot machines and 1,700 electronic gaming tables. Its 6 hotel towers have around 950 rooms. It is the co-licensee of COD with PLC. BEL owns the land and facilities. It pays rental fees to BEL and revenue share to PLC.
Business
Revenue contribution in 2016 (in million pesos)
Casino
Rooms
Food, Beverage
Retail and others
21,298
981
707
431
90.95%
4.19%
3.02%
1.84%

Subsidiaries / Associates / Affiliates / Joint Ventures
MCE Holdings (Philippines) Corporation (MCE Holdings)
MCE Holdings No. 2(Philippines) Corporation (MCE Holdings No. 2)
MCE Leisure (Philippines) Corporation (MCE Leisure)

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