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MANILA, Philippines - The Securities and Exchange Commission (SEC) has issued a cease-and-desist order (CDO) against Crown Regency Holiday International Inc., Fuente Triangle Realty Development Corp., Megatrend Realty Network Inc. and Boracay Multiple Properties Developers Inc. for selling investment contracts to the public without the regulator’s consent.
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CORPORATION AND FINANCE DEPARTMENT

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MANILA, Philippines - The Securities and Exchange Commission (SEC) has issued a cease-and-desist order (CDO) against Crown Regency Holiday International Inc., Fuente Triangle Realty Development Corp., Megatrend Realty Network Inc. and Boracay Multiple Properties Developers Inc. for selling investment contracts to the public without the regulator’s consent.
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abtest

SEC issues CDO vs 4 firms selling Boracay investment packages

April 27, 2009 - 12:00am

MANILA, Philippines - The Securities and Exchange Commission (SEC) has issued a cease-and-desist order (CDO) against Crown Regency Holiday International Inc., Fuente Triangle Realty Development Corp., Megatrend Realty...

Business