a. Our Story
Premium Leisure Corp. (PLC) is an investment holding company that participates in gaming-related businesses in the Philippines.
Through its partnership with Melco Crown Entertainment, a leading developer and operator of integrated gaming resorts in Macau, PLC has an interest in the development of City of Dreams Manila, an integrated entertainment and gaming complex located at the PAGCOR Entertainment City in Parañaque. The Entertainment City is a project of the Philippine Amusement and Gaming Corporation (PAGCOR), the government agency that regulates integrated resort operations in the country. The PAGCOR Entertainment City aims to boost tourist arrivals and spur employment opportunities in the country.
PLC also owns a 34.5% stake in Pacific Online Systems Corporation (POSC), a publicly listed company that provides lottery software and equipment to the Philippine Charity Sweepstakes Office (PCSO), the government entity that runs lottery operations in the country. POSC brokers technology from leading global suppliers of integrated gaming systems and leases these products to PCSO. Pacific Online enables the PCSO to distribute its lottery products nationwide.
As a publicly traded company, PLC intends to expand the breadth of its current businesses and seeks potential investments in the gaming space. The Company supports tourism and job creation efforts as a means of not only helping its immediate communities, but also extending these efforts towards building the nation.
Leadership with vision is a core enabling tenet of Premium Leisure Corp. (PLC). It is a necessity for a future that has yet to be created and is grounded in the strategies implemented in the present. PLC takes pride in its board of directors and senior management team, a group of individuals who offer extensive corporate backgrounds and diverse experiences from the fields of business, finance, and law.
Board of Directors
Chairman: Willy N. Ocier
Mr. Ocier is the Chairman of Premium Leisure and Amusement, Inc., APC Group, Tagaytay Midlands Golf Club, Philippine Global Communications and Pacific Online Systems Corporation where he also serves as its President. He is also the Vice Chairman of Tagaytay Highlands International Golf Club, and is a Director of Leisure and Resorts World Corporation and Vantage Equities, Inc. Mr. Ocier holds a Bachelor of Arts degree in Economics from the Ateneo de Manila University.
Chairman since 25 June 1999
Director since 25 June 1999
Member: Frederic C. DyBuncio
Mr. DyBuncio is concurrently a Senior Vice President of SM Investments Corporation; President, Chief Executive Officer, and Director of APC Group and Belle Corporation; Chairman and Executive Officer of Philippine Geothermal Production Company and a director of Carmen Copper Corporation, Indophil Resources NL, and Pacific Online Systems Corporation. Prior to holding these posts, he was a career banker who spent over 20 years with JPMorgan Chase and its predecessor institutions. Mr. DyBuncion holds a Bachelor of Science Degree in Business Management from the Ateneo de Manila University and a Masters in Business Administration from the Asian Institute of Management.
Director since 23 April 2012
Member: A. Bayani K. Tan
Atty. A. Bayani Tan is the Managing Partner of the law offices of Tan Venturanza Valdez. He is currently a Director, Corporate Secretary, or both, of a number of companies, including Sterling Bank of Asia, Belle Corporation, Coal Asia Holdings, First Abacus Financial Holdings Corp., I-Remit, Inc., Tagaytay Highlands International Golf Club, and Tagaytay Midlands Golf Club, among others. He also serves as a Trustee for a number of foundations including the SC Tan Foundation, Rebisco Foundation and St. Scholastica Hospital. Mr. Tan earned his Bachelor of Laws degree from the University of the Philippines, and his Bachelor of Arts major in Political Science from San Beda College.
Director since 23 June 1998
Corporate Secretary since 1993
Member: Roman Felipe S. Reyes
Mr. Reyes is the Chairman of Reyes Tacandong & Co., and a member of the GSIS Board of Trustees. He is also an Independent Director of Bank of Commerce, RPN 9, Philippine Geothermal Production Company, Century Peak Metals Holdings Corporation, Pasudeco, All Asian Countertrade, and National Reinsurance Corporation of the Philippines. He is a current Trustee of San Beda Alumni Association Foundation and Chairman of the Nicanor Reyes Memorial Foundation. Formerly, he was Senior Partner and Vice Chairman for Client Services and Accounts of SGV & Co. Mr. Reyes earned his Bachelor of Science degree in Commerce, major in Accounting, from San Beda College, and obtained his Masters in Business Administration major in Finance from the University of Detroit.
Director since 18 July 2014
Member: Joseph C. Tan
Atty. Joseph Tan is the Founding Partner of MOST LAW. He is a Consultant Chairman of UCPB and a Director of San Carlos Bioenergy Corporation. He was formerly a Director of Philippine Bank of Communications and special counsel for Agus Cruz & Manzano Law Office. Mr. Tan holds a Bachelor of Arts degree in Business Administration from the University of San Francisco (USA) and a Bachelor of Laws degree from the Ateneo de Manila College of Law graduating with honors.
Director since 18 July 2014
Member: Juan Victor S. Tanjuatco
Mr. Tanjuatco is an Independent Director of IP E-Games Ventures Inc., IP Ventures, Inc., and a Director of Ketmar Fast food Corporation. Previously, he served in the same capacity on the board of Insular Savings Bank and Asiatrust Development Bank. A career banker, he was the former President of Export and Industry Bank and was assigned to various managerial and executive positions at Credit Agricole Indosuez where, after 21 years, he retired as Deputy General Manager in Manila. Mr. Tanjuatco holds a Bachelor of Arts Degree in Economics from the Ateneo de Manila University (cum laude) and a Masters in Business Administration, major in Finance, from the Wharton School, University of Pennsylvania.