SEC Form 17-C

December 2003
1


SECURITIES AND EXCHANGE COMMISSION
SEC FORM 17-C
CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. 26 June 2014
Date of Report (Date of earliest event reported)

2. SEC Identification Number: ASO94-004462 3. BIR Tax Identification No: 000-426-523-000

4. Global-Estate Resorts, Inc.
Exact name of issuer as specified in its charter

5. Metro Manila, Philippines. 6. (SEC Use Only)
Province, country or other jurisdiction of
incorporation
Industry Classification Code:

7. 7/F Renaissance Towers, Meralco Ave., Pasig City 1600
Address of principal office Postal Code

8. (+632) 576-3376 loc. 6001
Issuer's telephone number, including area code

9. N/A
Former name or former address, if changed since last report

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class Number of Shares of Common Stock
Outstanding and Amount of Debt Outstanding

Common Shares 10,986,000,000

11. Indicate the item numbers reported herein: Item 9
Please see attached Press Release.

Pursuant to the requirements of the Securities Regulation Code, the Issuer has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.

GLOBAL-ESTATE RESORTS, INC.
Issuer
Date: June 26, 2014 By:

DOMINIC V. ISBERTO
Corporate Secretary
and Asst. Corporate Information Officer




SEC Form 17-C
December 2003
2

!"#$ &''( )( *+, -((.-/ 01)234 2534 67+ 8( 5( 5(9'(3)1:

Clobal-LsLaLe 8esorLs, lnc (CL8l), Lhe Lourlsm esLaLe developer of Lycoon ur. Andrew L. 1an,
showcased lLs conLlnued rlse aLop lLs Lhlrd consecuLlve year of revenue and lncome growLh.
CL8l resldenL ALLy lerdlnand SanLos presenLed Lhe resulLs durlng Lhe company's annual
sLockholders meeLlng on 26 !une 2014 held aL LasLwood 8lchmonde PoLel.

lor Lhe flrsL quarLer of 2014, CL8l generaLed approxlmaLely h 640 Mllllon ln gross revenues,
46 beLLer Lhan Lhe same perlod ln 2013. lnLerlm neL lncome for Lhe flrsL quarLer of 2014
sLood aL approxlmaLely h 103 Mllllon, 27 more Lhan Lhe same perlod lasL year.

CL8l currenLly has avallable h30 bllllon worLh of lnvenLory for sale.

As of May 2014, currenL reservaLlon sales amounLed Lo h 7.4 8llllon vls-a-vls a full year LargeL
of h 10 8llllon.

AgalnsL Lhe backdrop of conLlnued favorable economlc condlLlons, CL8l sald lL expecLs Lo grow
lLs annual revenues and lncome by aL leasL 20. 1o achleve Lhls growLh raLe LargeL, Lhe
company sald lL would lmplemenL several key sLraLegles movlng forward.

llrsL, Lhe company wlll launch addlLlonal componenLs ln exlsLlng key lnLegraLed Lourlsm esLaLe
pro[ecLs, 8oracay newcoasL and 1wln Lakes. lor 8oracay newcoasL, for launch Lhls year are
hase 2 of Lhe 8elmonL Luxury PoLel and hase 3 of 8oracay orLlco. ln 1wln Lakes, Shlraz, Lhe
Lhlrd condomlnlum aL Lhe vlneyard 8esldences, ls expecLed Lo make lLs debuL.

nexL, Lhe company wlll develop SouLhwoods ClLy ln Laguna lnLo a Lownshlp pro[ecL. lL ls
envlsloned Lo be a 361-hecLare fully lnLegraLed Lownshlp pro[ecL poslLloned Lo be Lhe nexL
cenLral buslness dlsLrlcL, resldenLlal, buslness, commerclal and lelsure hub LhaL ls closesL and
mosL accesslble Lo MeLro Manlla

WlLhln Lhls Lownshlp developmenL shall rlse SouLhwoods Mall, a vasL llfesLyle shopplng cenLre
wlLh close Lo 7 hecLares of leasable space repleLe wlLh deparLmenL sLores, supermarkeL,
resLauranLs, clnemas and offlce and reLall esLabllshmenLs.

Cnce operaLlonal, Lhe SouLhwoods Mall wlll provlde Lhe company a blgger base of recurrlng
lncome," SanLos sald.

SouLhwoods Mall ls expecLed Lo commence operaLlon by fourLh quarLer of 2016.

A shorL dlsLance from SouLhwoods Mall shall be Lhe flrsL resldenLlal condomlnlum, one of
many, ln SouLhwoods ClLy. As parL of Lhe Lownshlp pro[ecL, CL8l also lnLends Lo launch Lhe
ahara aL SouLhwoods, a 26-hecLare resldenLlal subdlvlslon.

SEC Form 17-C
December 2003
3
CALx for Lhe year ls h 3 bllllon earmarked for conLlnuous developmenL of Lhe componenLs
launched ln Lhe lnLegraLed Lourlsm esLaLes, compleLlon and expanslon of exlsLlng subdlvlslons,
launch of new resldenLlal pro[ecLs, and sLarL of Lhe SouLhwoods Mall.

ln 2013, CL8l's revenues rose 26 from Lhe prevlous year Lo h1.739 8llllon. lLs neL lncome
llkewlse grew 29 year-on-year Lo h341 mllllon, surpasslng lLs lnlLlal growLh LargeL of 20.
1hls marked Lhe Lhlrd consecuLlve year of growLh ln sales and proflLablllLy.

SanLos also revealed Lhe company's LoLal asseL base grew by 26 Lo h31 8llllon slnce 2012,
whlle lLs llquldlLy poslLlon exceeded currenL llablllLles almosL Lwlce underscorlng CL8l's robusL
flnanclal poslLlon golng forward.

SanLos aLLrlbuLed CL8l's conLlnued rlse Lo several key lnlLlaLlves lncludlng caplLal lnfuslon and
consolldaLlon, aggresslve selllng of ma[or pro[ecLs, a slzable and sLraLeglcally locaLed land bank,
and efforLs Lo lmprove recurrlng lncome whlle managlng cosLs. CL8l Look advanLage of Lhe
favorable economlc envlronmenL drlven by rlslng Cu, low lnLeresL raLes, subsLanLlal ClW
remlLLances, and Lhe sLeady growLh ln hlllpplne Lourlsm Lo generaLe Lhe growLh and
proflLablllLy experlenced slnce 2011.

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