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                    [ArticleID] => 196717
                    [Title] => SEC to revoke licenses of 4 inactive firms
                    [Summary] => The Securities and Exchange Commission plans  to revoke the licenses of four inactive listed firms from selling securities to the public for violation of securities rules and law.


The four firms are Land Oil Resources Corp., AGP Industrial Corp., Wellex Industries Inc., and Wise Holdings Inc. The SEC, however, refused to name the violations committed by these companies.


Another company in hot water is Lodestar Mining Corp. which has remained inoperational for the past five years.


                    [DatePublished] => 2003-02-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 185493
                    [Title] => Dormant mining firm fails to hold stockholders meet
                    [Summary] => The Philippine Stock Exchange (PSE) has asked the Securities and Exchange Commission (SEC) to look into the possible violation of the Corporation Code by dormant mining firm Lodestar Mining Corp. for failing to hold an annual stockholders meeting for nine years now.


In a letter to the SEC, PSE senior vice-president Jose G. Cervantes said Lodestar held its last regular annual stockholders meeting in 1993 and that the most recent meeting it conducted was a special stockholders’ meeting held on Aug. 18, 2000.


                    [DatePublished] => 2002-11-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 180035
                    [Title] => PSE to delist 10 delinquent companies
                    [Summary] => The Philippine Stock Exchange is considering delisting 10 delinquent companies, whose shares remain suspended from trading, to make sure that only qualified stocks are listed on the local bourse.


The PSE listing committee is currently reviewing the compliance of 10 corporations with the exchange’s continuing listing obligations to determine whether they could be removed from the PSE roster of traded stocks.


                    [DatePublished] => 2002-10-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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LODESTAR MINING CORP

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    [results] => Array
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                    [ArticleID] => 196717
                    [Title] => SEC to revoke licenses of 4 inactive firms
                    [Summary] => The Securities and Exchange Commission plans  to revoke the licenses of four inactive listed firms from selling securities to the public for violation of securities rules and law.


The four firms are Land Oil Resources Corp., AGP Industrial Corp., Wellex Industries Inc., and Wise Holdings Inc. The SEC, however, refused to name the violations committed by these companies.


Another company in hot water is Lodestar Mining Corp. which has remained inoperational for the past five years.


                    [DatePublished] => 2003-02-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 185493
                    [Title] => Dormant mining firm fails to hold stockholders meet
                    [Summary] => The Philippine Stock Exchange (PSE) has asked the Securities and Exchange Commission (SEC) to look into the possible violation of the Corporation Code by dormant mining firm Lodestar Mining Corp. for failing to hold an annual stockholders meeting for nine years now.


In a letter to the SEC, PSE senior vice-president Jose G. Cervantes said Lodestar held its last regular annual stockholders meeting in 1993 and that the most recent meeting it conducted was a special stockholders’ meeting held on Aug. 18, 2000.


                    [DatePublished] => 2002-11-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 180035
                    [Title] => PSE to delist 10 delinquent companies
                    [Summary] => The Philippine Stock Exchange is considering delisting 10 delinquent companies, whose shares remain suspended from trading, to make sure that only qualified stocks are listed on the local bourse.


The PSE listing committee is currently reviewing the compliance of 10 corporations with the exchange’s continuing listing obligations to determine whether they could be removed from the PSE roster of traded stocks.


                    [DatePublished] => 2002-10-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

SEC to revoke licenses of 4 inactive firms

By Zinnia B. Dela Peña | February 25, 2003 - 12:00am

The Securities and Exchange Commission plans to revoke the licenses of four inactive listed firms from selling securities to the public for violation of securities rules and law. The four firms are Land Oil Resources...

Business

Dormant mining firm fails to hold stockholders meet

November 26, 2002 - 12:00am

The Philippine Stock Exchange (PSE) has asked the Securities and Exchange Commission (SEC) to look into the possible violation of the Corporation Code by dormant mining firm Lodestar Mining Corp. for failing to hold...

Business

PSE to delist 10 delinquent companies

By Zinnia B. Dela Peña | October 16, 2002 - 12:00am

The Philippine Stock Exchange is considering delisting 10 delinquent companies, whose shares remain suspended from trading, to make sure that only qualified stocks are listed on the local bourse. The PSE listing...

Business