Premiere Horizon Signs an Asset and Share Purchase Agreement with Leisure and Resorts World Corporation

The Company announces that it has signed an Asset and Share Purchase Agreement with Leisure and Resorts World Corporation (“LRWC”) for the sale of 100% of the shares of Total Gamezone Xtreme Incorporated (TGXI), all TGXI owned and operated PAGCOR E-Games Stations (PEGS), as well as all other PEGS-related peripherals and equipment therein.

The total consideration for the transaction is Six Hundred Twenty Million Pesos (Php620,000,000.00).

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