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Wednesday, October 28, 2015

Bloomberry Resorts Corporation

Bloomberry Resorts Corporation (BLOOM), formerly Active Alliance, Incorporated (ATI), was registered with the Securities and Exchange Commission (SEC) on May 3, 1999. BLOOM is mainly engaged in the manufacture and distribution of consumer and communication electronic equipment and operating in the Subic Bay Freeport Zone until 2003.

January 26, 2012, Prime Metroline Holdings, Inc. (PMHI) acquired 75% of the outstanding share capital of IAA WesPac Holdings Incorporated and other shareholders. A month later, PMHI sold 100% of its stake in Sureste Properties, Inc. (SPI)


At December 31, 2013, Bloom's subsidiaries are SPI and Bloomberry Resorts and Hotels, Inc. (RBHI). The two subsidiaries have a main objective of development and operation of tourist facilities including casino hotel entertainment complexes. RBHI, as a licensee in the Entertainment City, owner of Sun Resort & Casino and operates casino company, while SPI operates the business of the hotel. Sun Resort & Casino began operations March 16, 2013.

Bloomberry Resorts Corporation finally opens the doors to its $1.2 billion resort casino, Solaire Manila.

Solaire Resort and Casino Manila

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