The sale was executed through a block transaction on March 4, following approval from the Corporation’s board of directors.
The Philippines.- The gaming firm Belle Corp has completed the sale of 200m treasury shares to raise capital for its planned projects. The sale was executed through a block transaction yesterday (March 4), following approval from the Corporation’s board of directors. The shares were offered at PHP1.40 each, with proceeds amounting to PHP280m (US$4.78m).
The company’s most notable project is in Clark, where it secured a gaming licence through Premium Leisure Corp in 2024 to redevelop the former US air base into a full integrated resort. At the time, Belle’s President and CEO Armin Raquel Santos described Clark as an ideal hub for integrated resort development, given its accessibility to major international tourist markets, including China, Hong Kong SAR, Singapore, South Korea and Japan.
The group is also exploring potential projects in the Tagaytay Highlands. In 2025, the operator’s net casino revenue fell 17.3 per cent year-on-year to PHP1.9bn (US$32.9m).
The sale was executed through a block transaction on March 4, following approval from the Corporation’s board of directors. The Philippines.- The gaming firm Belle Corp has completed the sale of 200m treasury shares to raise capital for its planned projects. The sale was executed through a block transaction yesterday (March 4), following approval from…
