Philippine Racing Club Inc. Declares Cash Dividends, Payable on May 9, 2014
January 13, 2014 at 01:31 pm
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During the regular meeting of the Board of Directors of the Philippine Racing Club Inc. on January 10, 2014, the Board of Directors has approved and passed the resolution that the Corporation declares a cash dividend of PHP 0.06 per share out of its unrestricted retained earnings to all stockholders of record as of end of trading day of April 14, 2014 with payment date on May 9, 2014.
Philippine Racing Club, Inc. is a Philippines-based company, which is primarily engaged in the business of operating and maintaining a racetrack covered by its franchise and managing betting stations located within Metro Manila and other parts of the country. The Company is also engaged in acquiring and developing real estate property, including but not limited to leisure, recreational and memorial parks and owning, operating, managing and/or selling real estate. It operates through four segments. Real Estate Operations segment is engaged in real estate business, such as development and sale of land and condominium units. Club Racing Operations segment is engaged in the operation and maintenance of racetracks and holding of horse races. Leasing segment is mainly engaged in the leasing of horse stables, condominium units, and other facilities. Sale of Food, Beverage and Services segment is involved in merchandising operations of food and non-food items, including the related services.
PHILIPPINE RACING CLUB, INC. 
