Discovery World to fund four units | The Manila Times
HOTEL and resort operator Discovery World Corp. reported that its board of directors, in a meeting last Thursday, had authorized additional investments in four wholly owned subsidiaries.
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HOTEL and resort operator Discovery World Corp. reported that its board of directors, in a meeting last Thursday, had authorized additional investments in four wholly owned subsidiaries.
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March 16, 2021 | 12:06 am Font Size HTTPS://WWW.MPIC.COM.PH/ INFRASTRUCTURE conglomerate Metro Pacific Investments Corp. (MPIC) is in talks with the owners of Discovery World Corp. for a “potential investment.” “There are ongoing discussions with the Tiu family for a potential investment in Discovery World Corp. and/or its subsidiaries,” MPIC said in a disclosure to the stock exchange on Monday. “However, no definitive agreement has been signed to date. We will inform the Exchange and the investing public in the event any disclosable transaction is signed,” it added. With...
January 22, 2021 | 12:05 am Font Size AAA DISCOVERY WORLD Corp. has increased its subscription in four subsidiaries in a move to create opportunities for the company’s resort business. In four separate disclosures on Thursday, Discovery World announced the decision of its executive committee to increase the company’s subscription in its subsidiaries, namely: Palawan Cove Corp., Lucky Cloud 9 Resort, Inc., Balay Holdings, Inc., and Cay Islands Corp. Discovery World said it increased its subscription in Palawan Cove by 10 million shares with a par value of P1 per share, amounting t...