PEP expects to list depositary receipts in the Korean Exchange by year end . It plans to raise approximately 10-million USD from the listing to be used as capital for its business expansion programs.
Premiere Entertainment Philippines, Inc. (PEP) is a publicly-listed company in the Philippines that is engaged in various types of entertainment including gaming and online casino operations. Starting as a production house in 1946, it produced fulllength motion pictures and program content for television broadcast. A merger with Digiwave Solutions, Inc. in 2008 converged the company’s business focus on entertainment with the growing internet casino gaming and software development. It generates revenues by leasing exhibition rights for its extensive film library titles, conducting sponsored roving cinemas, selling software licenses and operating PAGCOR e-gaming stations. It is set to expand its interests in the leisure and gaming market, which offer excellent opportunities for fast growth.
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