+ Follow EQUICOM SYSTEMS MANAGEMENT INC Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 343046
[Title] => Romulo refutes Garcia charges
[Summary] => Presidential Adviser Roberto R. Romulo refuted yesterday the charges brought up by Government Service Insurance System (GSIS) president and general manager Winston Garcia to the Department of Justice (DOJ) relating to his appointment as an independent director in Equitable PCI Bank, the country’s third biggest lender.
In a statement, Romulo said Garcia’s relentless campaign against him "has now reached the realm of the ridiculous as he ignores even the rulings of regulatory authorities and the common-sensical interpretation of corporate laws and regulations."
[DatePublished] => 2006-06-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 296677
[Title] => EPCI Bank unit faces sanctions
[Summary] => Equitable PCI Bank may face a maximum fine of P1 million or the suspension of its permit to sell securities for violation of the Securities Regulation Code.
The surveillance unit of the Securities and Exchange Commission (SEC), Compliance and Enforcement Department (CED), has recommended the imposition of a fine of P10,000 up to P1 million on EPCI Bank and its subsidiary PCI Leasing & Finance Inc. for their failure to comply with securities rules.
The CED also recommended the suspension of the registration certificates of EPCI Bank.
[DatePublished] => 2005-09-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 295604
[Title] => SEC mulls raps vs former EPCIB officials
[Summary] => The Securities and Exchange Commission (SEC) is mulling the possibility of pursuing criminal and/or administrative charges against former officials of Equitable PCIBank for allegedly conspiring in installing Roberto Romulo as an independent director of the bank despite his lack of qualifications.
[DatePublished] => 2005-09-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 287288
[Title] => Tetangco may review BSP corporate governance policies
[Summary] => Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. raised yesterday the possibility of reviewing further the BSP’s corporate governance policies in light of recent controversies hounding the banking sector.
"I think, the regulations now are quite clear. But as we move along, if there is a need for improvement, we are open to it," Tetangco said yesterday.
Tetangco said there is a need to pursue the integral corporate governance reform agenda of the financial sector which started three years ago.
[DatePublished] => 2005-07-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 286942
[Title] => Watch those SSS-GSIS shares in EPCI Bank
[Summary] => Owners normally direct banks with hushed conservatism. Not so in E-PCIBank where for weeks now five big share blocs have been brawling in court and the media instead of behind closed boardroom doors. Corporate control inflames their bruising tug-o-war. On one end strains the Go family to retain management title over Equitable, which it founded in 1950 and fused with Philippine Commercial and Industrial Bank seven years ago. On the other heave SSS and GSIS, the mandatory savings funds of private and state workers used in the merger. From the sidelights hedge the Romualdez and Sy clans on bets.
[DatePublished] => 2005-07-18 00:00:00
[ColumnID] => 134276
[Focus] => 0
[AuthorID] => 1805283
[AuthorName] => Jarius Bondoc
[SectionName] => Opinion
[SectionUrl] => opinion
[URL] =>
)
[5] => Array
(
[ArticleID] => 286584
[Title] => GSIS, SSS buck postponement of Equitable PCI Bank meeting
[Summary] => The Government Service Insurance System (GSIS) and the Social Security System (SSS) will object to any attempt to postpone the crucial July 19 stockholders’ meeting of Equitable PCIBank in Makati.
The two state pension funds have a combined equity holdings of more than 40 percent in the bank, with SSS owning 39 percent and GSIS, 12.7 percent. Their total shares constitute more than one-third of the bank’s total outstanding stock.
[DatePublished] => 2005-07-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 286289
[Title] => Romulo, EPCI Bank officials may face charges for SRC violations
[Summary] => Officers and directors of Equitable PCI Bank including former Foreign Affairs Secretary Roberto R. Romulo, may face criminal and administrative charges for breach of securities rules and regulations of the Revised Penal Code, according to an official of the Securities and Exchange Commission (SEC).
SEC commission secretary Gerard Lukban said the agency is studying the possibility of imposing administrative and criminal charges against the bank and its directors for failure to disclose material information in violation of the Securities Regulation Code (SRC).
[DatePublished] => 2005-07-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 285552
[Title] => Equitable PCI Bank reacts to GSIS chief’s charges
[Summary] => The Equitable PCI Bank has labelled allegations of conspiracy by a government official as "without basis."
"We categorically say that the complaint by Winston Garcia is without basis," lawyer Nilo T. Divina, Equitable Bank executive vice president, general counsel, and corporate secretary, said in a letter to the Philippine Stock Exchange (PSE) dated July 5.
[DatePublished] => 2005-07-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 284996
[Title] => GSIS chief files criminal case against Romulo, Go, et al.
[Summary] => Virtually calling them frauds, Government Service Insurance System (GSIS) president and general manager Winston Garcia has lodged a criminal complaint against Presidential Adviser Roberto R. Romulo, Antonio Go, Anthony Conway, Peter Go Pailan and lawyer Nilo Divina for conspiring to perpetuate the artificial majority of the Go family in Equitable PCI Bank (EPCIB) by appointing Romulo as an independent director, despite prior knowledge that the latter was not qualified for the position.
[DatePublished] => 2005-07-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 284650
[Title] => Court upholds EPCIBank rejection of BDO nominees in board of directors
[Summary] => The Makati Regional Trial Court has dismissed the complaint filed by the Banco de Oro (BDO) group of the Sy family, which sought to nullify the results of last year’s elections of Equitable PCIBank’s board of directors.
The court also sustained the authority and actions of EPCIBank’s nomination committee and board of directors in disqualifying the nominees of Sysmart and BDO Capital to the board of directors of EPCIBank on the ground that they represented an interest adverse to the Go-led bank.
[DatePublished] => 2005-07-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
EQUICOM SYSTEMS MANAGEMENT INC
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 343046
[Title] => Romulo refutes Garcia charges
[Summary] => Presidential Adviser Roberto R. Romulo refuted yesterday the charges brought up by Government Service Insurance System (GSIS) president and general manager Winston Garcia to the Department of Justice (DOJ) relating to his appointment as an independent director in Equitable PCI Bank, the country’s third biggest lender.
In a statement, Romulo said Garcia’s relentless campaign against him "has now reached the realm of the ridiculous as he ignores even the rulings of regulatory authorities and the common-sensical interpretation of corporate laws and regulations."
[DatePublished] => 2006-06-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 296677
[Title] => EPCI Bank unit faces sanctions
[Summary] => Equitable PCI Bank may face a maximum fine of P1 million or the suspension of its permit to sell securities for violation of the Securities Regulation Code.
The surveillance unit of the Securities and Exchange Commission (SEC), Compliance and Enforcement Department (CED), has recommended the imposition of a fine of P10,000 up to P1 million on EPCI Bank and its subsidiary PCI Leasing & Finance Inc. for their failure to comply with securities rules.
The CED also recommended the suspension of the registration certificates of EPCI Bank.
[DatePublished] => 2005-09-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 295604
[Title] => SEC mulls raps vs former EPCIB officials
[Summary] => The Securities and Exchange Commission (SEC) is mulling the possibility of pursuing criminal and/or administrative charges against former officials of Equitable PCIBank for allegedly conspiring in installing Roberto Romulo as an independent director of the bank despite his lack of qualifications.
[DatePublished] => 2005-09-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 287288
[Title] => Tetangco may review BSP corporate governance policies
[Summary] => Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. raised yesterday the possibility of reviewing further the BSP’s corporate governance policies in light of recent controversies hounding the banking sector.
"I think, the regulations now are quite clear. But as we move along, if there is a need for improvement, we are open to it," Tetangco said yesterday.
Tetangco said there is a need to pursue the integral corporate governance reform agenda of the financial sector which started three years ago.
[DatePublished] => 2005-07-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 286942
[Title] => Watch those SSS-GSIS shares in EPCI Bank
[Summary] => Owners normally direct banks with hushed conservatism. Not so in E-PCIBank where for weeks now five big share blocs have been brawling in court and the media instead of behind closed boardroom doors. Corporate control inflames their bruising tug-o-war. On one end strains the Go family to retain management title over Equitable, which it founded in 1950 and fused with Philippine Commercial and Industrial Bank seven years ago. On the other heave SSS and GSIS, the mandatory savings funds of private and state workers used in the merger. From the sidelights hedge the Romualdez and Sy clans on bets.
[DatePublished] => 2005-07-18 00:00:00
[ColumnID] => 134276
[Focus] => 0
[AuthorID] => 1805283
[AuthorName] => Jarius Bondoc
[SectionName] => Opinion
[SectionUrl] => opinion
[URL] =>
)
[5] => Array
(
[ArticleID] => 286584
[Title] => GSIS, SSS buck postponement of Equitable PCI Bank meeting
[Summary] => The Government Service Insurance System (GSIS) and the Social Security System (SSS) will object to any attempt to postpone the crucial July 19 stockholders’ meeting of Equitable PCIBank in Makati.
The two state pension funds have a combined equity holdings of more than 40 percent in the bank, with SSS owning 39 percent and GSIS, 12.7 percent. Their total shares constitute more than one-third of the bank’s total outstanding stock.
[DatePublished] => 2005-07-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 286289
[Title] => Romulo, EPCI Bank officials may face charges for SRC violations
[Summary] => Officers and directors of Equitable PCI Bank including former Foreign Affairs Secretary Roberto R. Romulo, may face criminal and administrative charges for breach of securities rules and regulations of the Revised Penal Code, according to an official of the Securities and Exchange Commission (SEC).
SEC commission secretary Gerard Lukban said the agency is studying the possibility of imposing administrative and criminal charges against the bank and its directors for failure to disclose material information in violation of the Securities Regulation Code (SRC).
[DatePublished] => 2005-07-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 285552
[Title] => Equitable PCI Bank reacts to GSIS chief’s charges
[Summary] => The Equitable PCI Bank has labelled allegations of conspiracy by a government official as "without basis."
"We categorically say that the complaint by Winston Garcia is without basis," lawyer Nilo T. Divina, Equitable Bank executive vice president, general counsel, and corporate secretary, said in a letter to the Philippine Stock Exchange (PSE) dated July 5.
[DatePublished] => 2005-07-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 284996
[Title] => GSIS chief files criminal case against Romulo, Go, et al.
[Summary] => Virtually calling them frauds, Government Service Insurance System (GSIS) president and general manager Winston Garcia has lodged a criminal complaint against Presidential Adviser Roberto R. Romulo, Antonio Go, Anthony Conway, Peter Go Pailan and lawyer Nilo Divina for conspiring to perpetuate the artificial majority of the Go family in Equitable PCI Bank (EPCIB) by appointing Romulo as an independent director, despite prior knowledge that the latter was not qualified for the position.
[DatePublished] => 2005-07-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 284650
[Title] => Court upholds EPCIBank rejection of BDO nominees in board of directors
[Summary] => The Makati Regional Trial Court has dismissed the complaint filed by the Banco de Oro (BDO) group of the Sy family, which sought to nullify the results of last year’s elections of Equitable PCIBank’s board of directors.
The court also sustained the authority and actions of EPCIBank’s nomination committee and board of directors in disqualifying the nominees of Sysmart and BDO Capital to the board of directors of EPCIBank on the ground that they represented an interest adverse to the Go-led bank.
[DatePublished] => 2005-07-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
