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                    [Title] => PSE fines Alliance Global for disclosure violation
                    [Summary] => The Philippine Stock Exchange (PSE) has slapped a P250,000 fine on Alliance Global Group Inc. (AGI) for failing to disclose the details of its recent acquisitions.


In a statement issued yesterday, PSE president Francis Lim said AGI failed to disclose necessary details on the acquisition of Golden Arches Development Corp., Golden Arches Realty Corp. and the total outstanding common shares of Y&M Development Corp. immediately upon execution of the memorandum of understanding by its board of directors in Dec. 2, 2004.


                    [DatePublished] => 2005-09-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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M DEVELOPMENT

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                    [ArticleID] => 295751
                    [Title] => PSE fines Alliance Global for disclosure violation
                    [Summary] => The Philippine Stock Exchange (PSE) has slapped a P250,000 fine on Alliance Global Group Inc. (AGI) for failing to disclose the details of its recent acquisitions.


In a statement issued yesterday, PSE president Francis Lim said AGI failed to disclose necessary details on the acquisition of Golden Arches Development Corp., Golden Arches Realty Corp. and the total outstanding common shares of Y&M Development Corp. immediately upon execution of the memorandum of understanding by its board of directors in Dec. 2, 2004.


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abtest

PSE fines Alliance Global for disclosure violation

By Zinnia B. Dela Peña | September 9, 2005 - 12:00am

The Philippine Stock Exchange (PSE) has slapped a P250,000 fine on Alliance Global Group Inc. (AGI) for failing to disclose the details of its recent acquisitions. In a statement issued yesterday, PSE president...

Business