+ Follow ASIAN CAPITAL EQUITIES INC Tag
Array
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[results] => Array
(
[0] => Array
(
[ArticleID] => 281575
[Title] => PSE ordered to preserve assets of Asian Capital
[Summary] => The Securities and Exchange Commission (SEC) has directed the Philippine Stock Exchange (PSE) to continue preserving the remainder of Asian Capital Equities Inc.’s (ACE) assets that are not covered by distribution to clients.
The SEC has also directed the PSE to include in the distribution to ACE clients all shares lodged in the Philippine Depository & Trust Corp. under the broker firm’s client accounts.
[DatePublished] => 2005-06-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 249101
[Title] => SEC files criminal raps vs Asian Capital exec
[Summary] => After a five month-long probe, the Securities and Exchange Commission (SEC) filed before the Department of Justice yesterday a criminal complaint against Asian Capital Equities Inc. (ACE) president Francisco Borromeo for violation of several provisions of the Securities Regulation Code.
In its complaint, the SEC accused Borromeo, a former governor of the Philippine Stock Exchange, of engaging in fraudulent activities to the detriment of ACE investors.
[DatePublished] => 2004-05-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 245885
[Title] => Asian Capital investors given 2 options to satisfy claims
[Summary] => The Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) have listed two options in satisfying investors’ claims of Asian Capital Equities Inc., (ACE) which closed shop due to financial difficulties and various violations of the securities law.
Jose P. Aquino, head of the SEC’s Markets Exchanges Department, said the first option is to draw on ACE’s P5-million surety bond to answer for claims of investors.
[DatePublished] => 2004-04-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 243750
[Title] => PSE to re-audit 12 brokers
[Summary] => The Philippine Stock Exchange (PSE) will re-conduct an audit of the books and records of 12 brokers that were earlier found to have violated provisions of the Securities Regulation Code.
Jose P. Aquino, head of the Securities and Exchange Commission’s Markets Regulation Department, said they have allowed the PSE’s compliance and surveillance group to scrutinize the books, records and financial statements of the erring brokers instead of an earlier proposal that the re-audit be conducted by a third-party accounting firm.
[DatePublished] => 2004-03-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 234257
[Title] => SEC gives PSE brokers till Jan 15 to name their external auditors
[Summary] => The Securities and Exchange Commission has given member-brokers of the Philippine Stock Exchange (PSE) until Jan. 15 to name their external auditor which shall review their financial statements for the year 2003.
In a letter to the PSE, the SEC’s Markets and Regulation Department director Jose P. Aquino said this is in line with the policy adopted by the SEC on the accreditation of external auditors and their reporting requirements.
[DatePublished] => 2004-01-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 230301
[Title] => PSE tells brokers to report all dealings with Asian Capital
[Summary] => The Philippine Stock Exchange (PSE) has directed all stockbroker firms to report all their accounts, agreements and contracts with the cash-strapped Asian Capital Equities Inc.
In a notice to all trading participants, the PSE said any and all movements on these accounts should have its prior approval.
The move came after the PSE took over the operations of ACE due to the latter’s deteriorating financial condition and after finding reasonable grounds it violated provisions of the Securities Regulation Code (SRC).
[DatePublished] => 2003-12-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 230062
[Title] => PSE to take over Asian Capital
[Summary] => The Securities and Exchange Commission (SEC) has directed the Philippine Stock Exchange (PSE) to take over the operations of cash-strapped broker firm Asian Capital Equities Inc. (ACE).
The move was in response to PSE’s request for it to take over the management of ACE after finding "reasonable grounds" it violated provisions of the Securities Regulation Code, on top of the brokerage house’s financial condition.
[DatePublished] => 2003-12-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
ASIAN CAPITAL EQUITIES INC
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 281575
[Title] => PSE ordered to preserve assets of Asian Capital
[Summary] => The Securities and Exchange Commission (SEC) has directed the Philippine Stock Exchange (PSE) to continue preserving the remainder of Asian Capital Equities Inc.’s (ACE) assets that are not covered by distribution to clients.
The SEC has also directed the PSE to include in the distribution to ACE clients all shares lodged in the Philippine Depository & Trust Corp. under the broker firm’s client accounts.
[DatePublished] => 2005-06-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 249101
[Title] => SEC files criminal raps vs Asian Capital exec
[Summary] => After a five month-long probe, the Securities and Exchange Commission (SEC) filed before the Department of Justice yesterday a criminal complaint against Asian Capital Equities Inc. (ACE) president Francisco Borromeo for violation of several provisions of the Securities Regulation Code.
In its complaint, the SEC accused Borromeo, a former governor of the Philippine Stock Exchange, of engaging in fraudulent activities to the detriment of ACE investors.
[DatePublished] => 2004-05-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 245885
[Title] => Asian Capital investors given 2 options to satisfy claims
[Summary] => The Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) have listed two options in satisfying investors’ claims of Asian Capital Equities Inc., (ACE) which closed shop due to financial difficulties and various violations of the securities law.
Jose P. Aquino, head of the SEC’s Markets Exchanges Department, said the first option is to draw on ACE’s P5-million surety bond to answer for claims of investors.
[DatePublished] => 2004-04-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 243750
[Title] => PSE to re-audit 12 brokers
[Summary] => The Philippine Stock Exchange (PSE) will re-conduct an audit of the books and records of 12 brokers that were earlier found to have violated provisions of the Securities Regulation Code.
Jose P. Aquino, head of the Securities and Exchange Commission’s Markets Regulation Department, said they have allowed the PSE’s compliance and surveillance group to scrutinize the books, records and financial statements of the erring brokers instead of an earlier proposal that the re-audit be conducted by a third-party accounting firm.
[DatePublished] => 2004-03-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 234257
[Title] => SEC gives PSE brokers till Jan 15 to name their external auditors
[Summary] => The Securities and Exchange Commission has given member-brokers of the Philippine Stock Exchange (PSE) until Jan. 15 to name their external auditor which shall review their financial statements for the year 2003.
In a letter to the PSE, the SEC’s Markets and Regulation Department director Jose P. Aquino said this is in line with the policy adopted by the SEC on the accreditation of external auditors and their reporting requirements.
[DatePublished] => 2004-01-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 230301
[Title] => PSE tells brokers to report all dealings with Asian Capital
[Summary] => The Philippine Stock Exchange (PSE) has directed all stockbroker firms to report all their accounts, agreements and contracts with the cash-strapped Asian Capital Equities Inc.
In a notice to all trading participants, the PSE said any and all movements on these accounts should have its prior approval.
The move came after the PSE took over the operations of ACE due to the latter’s deteriorating financial condition and after finding reasonable grounds it violated provisions of the Securities Regulation Code (SRC).
[DatePublished] => 2003-12-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 230062
[Title] => PSE to take over Asian Capital
[Summary] => The Securities and Exchange Commission (SEC) has directed the Philippine Stock Exchange (PSE) to take over the operations of cash-strapped broker firm Asian Capital Equities Inc. (ACE).
The move was in response to PSE’s request for it to take over the management of ACE after finding "reasonable grounds" it violated provisions of the Securities Regulation Code, on top of the brokerage house’s financial condition.
[DatePublished] => 2003-12-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
