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                    [ArticleID] => 298298
                    [Title] => SEC clears SM Investments
                    [Summary] => The Securities and Exchange Commission (SEC) has cleared SM Investments Corp. (SMIC) from allegations it failed to disclose material information in violation of the Securities Regulation Code.


This as the commission en banc upheld the recommendation by the Corporation Finance Department which cleared SMIC from charges it violated the SRC for not disclosing a court case involving a property owned by its 93 percent-owned subsidiary Manila Southcoast Development Corp. (MSDC), in its registration statement. 


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                    [Title] => SM Investments could get off the hook in non-disclosure case — SEC official
                    [Summary] => The complaint against SM Investments Corp. (SMIC) over the alleged non-disclosure of a court case involving its subsidiary may not hold water the said case was dismissed prior to SMIC’s filing of a registration statement or prospectus with the Securities and Exchange Commission, an SEC official said.


SMIC claimed that the cases involving its 93 percent-owned unit Manila Southcoast Development Corp.’s property in Batangas had already been dismissed by the regional trial court.  The company, however, did not say when it was dismissed.


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                    [ArticleID] => 274603
                    [Title] => SM Investments denies any violation of disclosure rules during IPO
                    [Summary] => SM Investments Corp. (SMIC), the listed investment holding company of retail magnate Henry Sy, denied allegations it violated disclosure rules after it failed to disclose during its initial public offering (IPO) some information on a court case involving its 93 percent owned subsidiary Manila Southcoast Development Corp. (MSDC).


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MANILA SOUTHCOAST DEVELOPMENT CORP

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                    [Title] => SEC clears SM Investments
                    [Summary] => The Securities and Exchange Commission (SEC) has cleared SM Investments Corp. (SMIC) from allegations it failed to disclose material information in violation of the Securities Regulation Code.


This as the commission en banc upheld the recommendation by the Corporation Finance Department which cleared SMIC from charges it violated the SRC for not disclosing a court case involving a property owned by its 93 percent-owned subsidiary Manila Southcoast Development Corp. (MSDC), in its registration statement. 


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                    [Title] => SM Investments could get off the hook in non-disclosure case — SEC official
                    [Summary] => The complaint against SM Investments Corp. (SMIC) over the alleged non-disclosure of a court case involving its subsidiary may not hold water the said case was dismissed prior to SMIC’s filing of a registration statement or prospectus with the Securities and Exchange Commission, an SEC official said.


SMIC claimed that the cases involving its 93 percent-owned unit Manila Southcoast Development Corp.’s property in Batangas had already been dismissed by the regional trial court.  The company, however, did not say when it was dismissed.


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                    [Title] => SM Investments denies any violation of disclosure rules during IPO
                    [Summary] => SM Investments Corp. (SMIC), the listed investment holding company of retail magnate Henry Sy, denied allegations it violated disclosure rules after it failed to disclose during its initial public offering (IPO) some information on a court case involving its 93 percent owned subsidiary Manila Southcoast Development Corp. (MSDC).


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abtest

SEC okays sale of membership shares in SM proj

By Zinnia B. Dela Peña | August 27, 2007 - 12:00am

Business

SEC clears SM Investments

By Zinnia B. Dela Peña | September 24, 2005 - 12:00am

The Securities and Exchange Commission (SEC) has cleared SM Investments Corp. (SMIC) from allegations it failed to disclose material information in violation of the Securities Regulation Code. This as the commission...

Business

SM Investments could get off the hook in non-disclosure case — SEC official

By Zinnia B. Dela Peña | April 23, 2005 - 12:00am

The complaint against SM Investments Corp. (SMIC) over the alleged non-disclosure of a court case involving its subsidiary may not hold water the said case was dismissed prior to SMIC’s filing of a registration...

Business

SM Investments denies any violation of disclosure rules during IPO

By Zinnia B. Dela Peña | April 20, 2005 - 12:00am

SM Investments Corp. (SMIC), the listed investment holding company of retail magnate Henry Sy, denied allegations it violated disclosure rules after it failed to disclose during its initial public offering (IPO)...

Business