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                    [Title] => SEC revokes registration of 240,000 corporations
                    [Summary] => The Securities and Exchange Commission (SEC) has revoked the registration certificates of about 240,000 corporations for their failure to comply with the agency’s reportorial requirements.


These companies were registered between 1936 to 1995. They had failed to file financial statements and general information sheets for the past several years and had also refused to pay the corresponding fines for violations committed.


                    [DatePublished] => 2004-01-19 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 227394
                    [Title] => SEC threatens to revoke licenses of 2 companies
                    [Summary] => The Securities and Exchange Commission has threatened to revoke the secondary licenses of publicly-listed firms Kuok Philippine Properties Inc. and Edsa Properties Holdings Inc. for non-submission of reportorial requirements in violation of the Securities Regulation Code.


SEC chair Lilia R. Bautista said KPPI and EPHI have failed to file quarterly reports despite repeated demands from the Commission.


If the two firms continue to evade the agency’s reportorial requirements, the SEC will be constrained to cancel their licenses to sell securities to the public.


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                    [ArticleID] => 214176
                    [Title] => SEC set to cancel licenses of 240,000 erring firms
                    [Summary] => Tightening its guard against delinquent corporations, the Securities and Exchange Commission is set to cancel the registration certificates of more than 240,000 firms for their failure to comply with the agency’s reportorial requirements.


The companies registered between 1936 to 1995 came under fire from the SEC for chronic violation of the rules on the submission of financial statements and general information sheets and for failure to pay the corresponding fines for the violations committed. 


                    [DatePublished] => 2003-07-19 00:00:00
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                    [ArticleID] => 95365
                    [Title] => SEC affirms Globe’s right to sell cellphones
                    [Summary] => The Securities and Exchange Commission (SEC) has affirmed Globe Telecom’s right to sell and distribute cellular phone units, accessories and other related equipment to its clients and subscribers.


                    [DatePublished] => 2001-06-04 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] =>  Christina Mendez
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                    [Title] => SEC affirms Globe’s right to sell cellphones
                    [Summary] => The Securities and Exchange Commission (SEC) has affirmed Globe Telecom’s right to sell and distribute cellular phone units, accessories and other related equipment to its clients and subscribers.


                    [DatePublished] => 2001-06-04 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] =>  Christina Mendez
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LAW AND REGULATION DIVISION

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                    [ArticleID] => 235634
                    [Title] => SEC revokes registration of 240,000 corporations
                    [Summary] => The Securities and Exchange Commission (SEC) has revoked the registration certificates of about 240,000 corporations for their failure to comply with the agency’s reportorial requirements.


These companies were registered between 1936 to 1995. They had failed to file financial statements and general information sheets for the past several years and had also refused to pay the corresponding fines for violations committed.


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                    [ArticleID] => 227394
                    [Title] => SEC threatens to revoke licenses of 2 companies
                    [Summary] => The Securities and Exchange Commission has threatened to revoke the secondary licenses of publicly-listed firms Kuok Philippine Properties Inc. and Edsa Properties Holdings Inc. for non-submission of reportorial requirements in violation of the Securities Regulation Code.


SEC chair Lilia R. Bautista said KPPI and EPHI have failed to file quarterly reports despite repeated demands from the Commission.


If the two firms continue to evade the agency’s reportorial requirements, the SEC will be constrained to cancel their licenses to sell securities to the public.


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                    [Title] => SEC set to cancel licenses of 240,000 erring firms
                    [Summary] => Tightening its guard against delinquent corporations, the Securities and Exchange Commission is set to cancel the registration certificates of more than 240,000 firms for their failure to comply with the agency’s reportorial requirements.


The companies registered between 1936 to 1995 came under fire from the SEC for chronic violation of the rules on the submission of financial statements and general information sheets and for failure to pay the corresponding fines for the violations committed. 


                    [DatePublished] => 2003-07-19 00:00:00
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                    [Title] => SEC affirms Globe’s right to sell cellphones
                    [Summary] => The Securities and Exchange Commission (SEC) has affirmed Globe Telecom’s right to sell and distribute cellular phone units, accessories and other related equipment to its clients and subscribers.


                    [DatePublished] => 2001-06-04 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] =>  Christina Mendez
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                    [Title] => SEC affirms Globe’s right to sell cellphones
                    [Summary] => The Securities and Exchange Commission (SEC) has affirmed Globe Telecom’s right to sell and distribute cellular phone units, accessories and other related equipment to its clients and subscribers.


                    [DatePublished] => 2001-06-04 00:00:00
                    [ColumnID] => 133272
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abtest

SEC revokes registration of 240,000 corporations

By Zinnia B. Dela Peña | January 19, 2004 - 12:00am

The Securities and Exchange Commission (SEC) has revoked the registration certificates of about 240,000 corporations for their failure to comply with the agency’s reportorial requirements. These companies were...

Business

SEC threatens to revoke licenses of 2 companies

By Zinnia B. Dela Peña | November 10, 2003 - 12:00am

The Securities and Exchange Commission has threatened to revoke the secondary licenses of publicly-listed firms Kuok Philippine Properties Inc. and Edsa Properties Holdings Inc. for non-submission of reportorial...

Business

SEC set to cancel licenses of 240,000 erring firms

By Zinnia B. Dela Peña | July 19, 2003 - 12:00am

Tightening its guard against delinquent corporations, the Securities and Exchange Commission is set to cancel the registration certificates of more than 240,000 firms for their failure to comply with the agency’s...

Business

SEC affirms Globe’s right to sell cellphones

By Christina Mendez | June 4, 2001 - 12:00am

The Securities and Exchange Commission (SEC) has affirmed Globe Telecom’s right to sell and distribute cellular phone units, accessories and other related equipment...

Business

SEC affirms Globe’s right to sell cellphones

By Christina Mendez | June 4, 2001 - 12:00am

The Securities and Exchange Commission (SEC) has affirmed Globe Telecom’s right to sell and distribute cellular phone units, accessories and other related equipment...

Business