Philweb

In a disclosure to the Philippine Stock Exchange, PhilWeb Corp.(PSE:WEB), the country’s first listed online technology firm, confirmed that it set up a P1billion company that will operate mobile lottery games as part of a strategy to expand horizons.

Cliburn Anthony A. Orbe, WEB Chief Information officer confirmed, the new firm, PhilWeb Mobile Lottery Corp., was granted a certificate of incorporation by the Securities and Exchange Commission (SEC). Its primary purpose is to operate either alone or in partnership with others mobile based lottery games and other related mobile game
offerings.