Philippine Racing Club, Inc. Announces Appointments
June 22, 2021 at 01:20 am
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Philippine Racing Club, Inc. announced that at the Organizational Meeting of the Board of Directors held on 21 June 2021, after the Annual Stockholders' Meeting, which was subsequently adjourned at 4:00 in the afternoon, the following officers and committee members were elected: List of Committees and Membership: Santiago S. Cua Jr. as Chairman; Simeon S. Cua and Exequiel D. Robles as members; Solomon S. Cua Alternate member to Exequiel D. Robles; Sheryl Lizette Cua as Committee Secretary of Executive Committee. Michael D. Uy as Chairman; Alfred S. Corpus and Solomon S. Cua as members; Santiago S. Cua Jr. as Alternate member to Solomon S. Cua; and Sean Lester N. Cualoping as Committee Secretary of Audit & Related Party Transactions Committee. Michael D. Uy as Chairman; Santiago S. Cua Jr. and Solomon S. Cua as Members; Sean Lester N. Cualoping as Committee Secretary of Compensation Committee. Alfred S. Corpus as Chairman; Michael D. Uy, Solomon S. Cua, Allan V. Abesamis, Glenn Nelson Macavinta as members; Sean Lester N. Cualoping as Committee Secretary of Corporate Governance & Risk Committee. Simeon S. Cua as Chairman; Allan V. Abesamis, Santiago Cualoping III, Sheryl Lizette Cua, Serena Linette Cualoping, Antonio Alcasid, Jr., Glenmor Sumalinog, Janet Presquito, Sean Lester N. Cualoping as members; Joanna Grace Goli as Committee Secretary of Management Committee. Michael D. Uy as Chairman; Solomon S. Cua and Exequiel D. Robles as members; Sean Lester N. Cualoping as Committee Secretary of Nomination Committee. Eusebio H. Tanco as Chairman; Ramon P. Ereneta Jr., Simeon S. Cua, Allan V. Abesamis, Santiago Cualoping III as Members; Sean Lester N. Cualoping as Committee Secretary of Racing and Gaming Committee. Ramon P. Ereneta Jr. as Chairman; Sheryl Lizette Cua, Allan V. Abesamis, Santiago Cualoping III as members; Sean Lester N. Cualoping as Committee Secretary of Retirement Committee. Alfred S. Corpus as Chairman; Simeon S. Cua, Ramon P. Ereneta Jr., Allan V. Abesamis, Santiago Cualoping III as members and Sean Lester N. Cualoping as Committee Secretary of Committee on Security.
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.