Company Belle Corporation

Stocks

BEL

PHY0775S1043

Real Estate Development & Operations

Market Closed - Philippines S.E. 02:50:00 2026-10-27 EDT			5-day change	1st Jan Change
1.040 ^PHP	-1.89%		-3.70%	-21.21%

07-30	Belle Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
05-04	Belle Corporation Receives Casino License for USD 300 Million Clark Resort	CI

Business description: Belle Corporation

Belle Corporation is a Philippines-based company that is engaged in the businesses of real estate development, property management and gaming and gaming-related activities. It is a developer of resort destinations, gaming and leisure properties in the Philippines. Its business includes integrated resorts, leisure property development and gaming investments. Its principal asset is the City of Dreams Manila, a resort, in Philippine Amusements and Gaming Corporation Entertainment City by Manila Bay, which is being leased on a long-term basis to Melco Resorts and Entertainment (Philippines) Corporation (Melco). The Company's leisure property development includes golf and country clubs, highlands homes, midlands homes and green lands homes. Its property development projects include Tagaytay Highlands International Golf Club, The Country Club at Tagaytay Highlands, Tagaytay Midlands Golf Club, The Spa and Lodge at Tagaytay Highlands, Fairfield, Pinecrest Village, Plantation Hills and others.

Sales by Activity: Belle Corporation

Fiscal Period: December	2021 (PHP)	2022 (PHP)	2023 (PHP)	2024 (PHP)	2025 (PHP)
Real Estate Development and Property Management	1.75B	3.39B	2.71B	3.14B	2.93B
Gaming and Gaming Related Activities	1.73B	2.08B	2.94B	2.81B	2.42B
Eliminations/Adjustments	-54M	-54M	-54M	-54M	-54M

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Geographical breakdown of sales: Belle Corporation

Fiscal Period: December	2021 (PHP)	2022 (PHP)	2023 (PHP)	2024 (PHP)	2025 (PHP)
Philippines	3.34B	5.23B	5.49B	5.69B	5.18B

See all geographic segments

Executive Committee: Belle Corporation

Manager	Title	Age	Since
Armin Antonio Raquel-Santos CEO	Chief Executive Officer	58	2024-05-30
Aileen M. Malto DFI	Director of Finance/CFO	57	2024-08-14
Michelle Angeli Hernandez CMP	Compliance Officer	55	2022-03-31
Nancy Ocier Hui ADM	Chief Administrative Officer	68	2001-05-31
Arthur Sy PRN	Corporate Officer/Principal	56	-

See BELLE CORPORATION governance

Composition of the Board of Directors: Belle Corporation

Director	Title	Age	Since
Jacinto Ng BRD	Director/Board Member	54	2000-07-31
Armin Antonio Raquel-Santos BRD	Director/Board Member	58	-
Willy Ng Ocier CHM	Chairman	70	-
Maria Gracia Pulido-Tan BRD	Director/Board Member	86	2021-05-31
Gregory Domingo BRD	Director/Board Member	71	2010-08-31
Paquito Ochoa BRD	Director/Board Member	63	2024-05-30
Laurito Serrano BRD	Director/Board Member	64	2024-05-30

Composition of the Board of Directors

Shareholders: Belle Corporation

Name	Stocks	%	Valuation
SM INVESTMENTS CORPORATION 26.32 %	2,604,740,622	26.32 %	45 M ₱
Estate Of Sy Henry Sr 16.47 %	1,629,625,469	16.47 %	28 M ₱
Sybase Equity Investment Corp. 5.369 %	531,320,577	5.369 %	9 M ₱
Willy Ng Ocier 2.337 %	231,307,602	2.337 %	4 M ₱
PACIFIC ONLINE SYSTEMS CORPORATION 2.021 %	200,000,000	2.021 %	3 M ₱

List of BELLE CORPORATION shareholders

Holdings: Belle Corporation

Name	Stocks	%	Valuation
SM PRIME HOLDINGS, INC. 0.22%	61,795,413	0.22%	16 M $
SM INVESTMENTS CORPORATION 0%	48,877	0%	389 955 $

Company details: Belle Corporation

Belle Corp.

Mall of Asia Complex, CBP-1A

1300, Pasay

http://www.bellecorp.com

Other Real Estate Development & Operations

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
BELLE CORPORATION	-1.89%	-3.70%	-25.18%	-9.57%	164M
VINGROUP	+1.35%	+16.04%	+119.36%	+1,054.81%	68.77B
SUN HUNG KAI PROPERTIES LIMITED	-0.46%	+0.47%	+13.31%	+36.07%	39.97B
MITSUBISHI ESTATE CO., LTD.	-4.04%	+1.56%	+13.24%	+99.42%	30.08B
MITSUI FUDOSAN CO., LTD.	-3.63%	+3.44%	-3.72%	+48.08%	27.97B
CHINA RESOURCES LAND LIMITED	-2.44%	-4.83%	+0.68%	+1.41%	27.54B
EMAAR PROPERTIES	+3.41%	+0.17%	-20.28%	+78.60%	26.81B
VINHOMES	-0.63%	+5.31%	+10.92%	+203.83%	20.31B
CK ASSET HOLDINGS LIMITED	+2.35%	+3.87%	+21.38%	+20.21%	20.15B
SUMITOMO REALTY & DEVELOPMENT CO., LTD.	-3.80%	+0.62%	-3.29%	+79.60%	19.9B
Average	-0.98%	+2.33%	+12.64%	+161.25%	28.17B
Weighted average by Cap.	-0.59%	+3.42%	+32.28%	+307.45%