LRWC gets nod to issue 1.3-B shares

Jan 12, 2019 12:42 am

SHAREHOLDERS of Leisure and Resorts World Corp. (LRWC) approved on Friday the company’s plan to issue up to 1.3 billion common shares through a private placement.

At its special stockholders’ meeting in Pasay City, the listed resort operator said the shares to be released would come from its unissued capital stock.

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