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                    [ArticleID] => 95990
                    [Title] => SEC accepts compromise offer of Reynolds Phils
                    [Summary] => The Securities and Exchange Commission (SEC) has accepted a settlement offer from aluminum maker Reynolds Philippines Corp. (RPC), paving the way for the dismissal of the stock manipulation charges filed against the company early this year.


In a four-page order, the Commission en banc approved the offer of the five RPC officials implicated in the case to pay the sum of P100,000 each, or a total of P500,000, to put an end to the SEC’s investigation.


                    [DatePublished] => 2001-05-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Business
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FRANCISCO BETIA

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                    [ArticleID] => 95990
                    [Title] => SEC accepts compromise offer of Reynolds Phils
                    [Summary] => The Securities and Exchange Commission (SEC) has accepted a settlement offer from aluminum maker Reynolds Philippines Corp. (RPC), paving the way for the dismissal of the stock manipulation charges filed against the company early this year.


In a four-page order, the Commission en banc approved the offer of the five RPC officials implicated in the case to pay the sum of P100,000 each, or a total of P500,000, to put an end to the SEC’s investigation.


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abtest

SEC accepts compromise offer of Reynolds Phils

May 7, 2001 - 12:00am

The Securities and Exchange Commission (SEC) has accepted a settlement offer from aluminum maker Reynolds Philippines Corp. (RPC), paving the way for the dismissal of the stock manipulation charges filed against...

Business