Bloomberry Resorts Corporation (formerly Active Alliance, Incorporated), referred to as “Bloomberry” or Parent Company, is incorporated in the Philippines and was registered with the Securities and Exchange Commission (SEC) on May 3, 1999. Bloomberry was mainly engaged in the manufacture and distribution of consumer communication and electronic equipment and operated within the Subic Bay Freeport Zone (SBFZ) until 2003. Effective December 14, 2009, the lease agreement between Bloomberry and Subic Bay Metropolitan Authority was mutually rescinded. Bloomberry primary purpose is to subscribe, acquire, hold, sell, assign or dispose of shares of stock and other securities of any corporation, including those engaged in hotel and/or gaming and entertainment business, without engaging in dealership in securities or in the stock brokerage business or in the business of an investment company, to the extent permitted by law, and to be involved in the management and operations of such investee companies; and to guarantee the obligations of its subsidiaries or affiliates or any entity in which the Parent Company has lawful interest.
Bloomberry’s shares of stock are publicly traded in the Philippine Stock Exchange (PSE).
Sureste Properties, Inc. (SPI)
Incorporated in 1993, Sureste's primary purpose is to develop and operate tourist facilities including hotel - casino entertainment complexes. Sureste is registered with the Philippine Economic Zone Authority ("PEZA") as developer of a hotel project in a PEZA Tourism Economic Zone.
Bloomberry owns 90.7% of SPI. BRHI owns 9.3% of SPI.
Bloomberry Resorts and Hotels, Inc. (BRHI)
Previously incorporated in 2008 as Bloombury Investments Holdings, Inc., BRHI's primary purpose is to developing and operating tourist facilities, including casino-entertainment complexes with casino, hotel, retail and amusement areas and themed development components. As of May 7, 2015, BRHI holds a regular casino gaming license from the Philippine Amusement and Gaming Corporation (PAGCOR).
SPI owns 100% of BRHI.
Solaire Korea Co., Ltd. (Solaire Korea)
Solaire Korea holds the Group's investment interests in the leisure and entertainment sector within the Republic of Korea.
Bloomberry owns 100% of Solaire Korea.
Golden & Luxury Co., Ltd. (G&L)
Acquired through a series of transactions in 2015, G&L is a hotel and casino operator in Jeju Island in the Republic of Korea.
Solaire Korea owns 86.6% of G&L. BRC owns 9.6% of G&L.
Muui Agricultural Corporation (Muui)
On March 8, 2016, Solaire Korea established a new company and named it Muui Agricultural Corporation. Muui holds Solaire Korea’s investment interest in agricultural land in the Muui and Silmi islands pending its conversion.
Solaire Korea owns 90% of Muui.
Bloomberry Resorts Japan, Inc. (BRJI)
In November 2019, Bloomberry acquired 100% of the capital stock of BRJI. The primary purpose of BRJI is to engage in the business of Integrated Resorts in Japan including planning, construction and operation as well as other related activities.
Bloomberry owns 100% of BRJI
Bloom Capital B.V.
A limited liability private company incorporated in the Netherlands in 2013.
Bloomberry owns 100% of Bloom Capital B.V.
Solaire de Argentina S.A.
In 2014, Bloom Capital B.V. acquired a 94% stake in Solaire de Argentina S.A. Bloom Capital B.V is currently not in operation. Solaire de Argentina S.A. has started the process of liquidation.
Bloom Capital B.V. owns 94% of Solaire de Argentina S.A.
Bloomberry Cruise Terminals, Inc. (BCTI)
BCTI was established to manage and operate BRC's port terminal assets including the proposed Solaire Cruise Center and Yacht Harbor and a cruise tender terminal in the Port of Salomague, Ilocos Sur in the northern Philippines.
BCTI has given up the lease and suspended its port operations in Salomague, Ilocos Sur as cruise ships have temporarily halted operations due to the COVID-19 pandemic.
Bloomberry owns 100% of BCTI.
Falconer Aircraft Management, Inc. (FAMI)
A private company engaged in aircraft management incorporated in 2019.
BRHI owns 49% of FAMI.
For more information, please refer to the latest SEC 17-Q filing in the Disclosures section.