Berjaya Philippines

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    Berjaya PH lowers stake in PGMC to 79.9 percent

    Berjaya Philiippines Inc has disposed of 1 million shares in Philippines Gaming Management Corp (PGMC) for P117.2 million (US$2.3 million), with funds to be used for working capital and investment in other projects.  PGMC is involved in the leasing of lottery terminals and their maintenance for the Philippine Charity Sweepstakes Office (PCSO) as part of […]

    Berjaya PH unit files injunction against PCSO

    The Makati Regional Trial Court has issued a writ of preliminary injunction against the Philippine Charity Sweepstakes Office (PCSO) for allegedly violating Berjaya Philippines Inc’s exclusive right to supply and lease lottery equipment in the Luzon territory. The injunction, which was imposed on August 10, bars the PCSO from “conducting or continuing with the public […]