Lucky South 99’s corporate registration revoked —SEC

Lucky South 99 Berita

Lucky South 99’s corporate registration revoked —SEC
POGOSecurities And Exchange CommissionCassandra Li Ong
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The corporate registration of Lucky South 99 Corp. has been revoked for violating its articles of incorporation as it operated a Philippine Offshore Gaming Operator facility in Porac, Pampanga, the Securities and Exchange Commission said Wednesday.Citing its order, dated July 30, 2024, the SEC said its Enforcement and Investor Protection Department revoked Lucky South 99 ’s certificate of incorporation “for violating Section 44 of Republic Act No.

with the “primary purpose to the business of gaming, entertainment and content streaming of live gaming action together with the operation of electronic games at gaming sites.”The SEC said the company’s secondary purpose included the development of a hotel with internet shops and gaming facilities.

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