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                    [ArticleID] => 302884
                    [Title] => SEC suspends Montemar Beach Club securities
                    [Summary] => 



The Securities and Exchange Commission (SEC) has suspended the registration of securities of Montemar Beach Club Inc. for its failure to comply with reportorial requirements and settle the assessed penalty.


Montemar was imposed a P2.01 million fine for failing to comply with Rules 17 and 20 of the Securities Regulation Code (SRC).


The suspension of Montemar’s permit to sell securities is effective for a period of 60 days or until such time that the company is able to file the required reports and settle the assessed penalties, whichever comes first.


                    [DatePublished] => 2005-10-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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MONTEMAR BEACH CLUB INC

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    [results] => Array
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            [0] => Array
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                    [ArticleID] => 302884
                    [Title] => SEC suspends Montemar Beach Club securities
                    [Summary] => 



The Securities and Exchange Commission (SEC) has suspended the registration of securities of Montemar Beach Club Inc. for its failure to comply with reportorial requirements and settle the assessed penalty.


Montemar was imposed a P2.01 million fine for failing to comply with Rules 17 and 20 of the Securities Regulation Code (SRC).


The suspension of Montemar’s permit to sell securities is effective for a period of 60 days or until such time that the company is able to file the required reports and settle the assessed penalties, whichever comes first.


                    [DatePublished] => 2005-10-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

SEC suspends Montemar Beach Club securities

By Zinnia B. Dela Peña | October 21, 2005 - 12:00am

The Securities and Exchange Commission (SEC) has suspended the registration of securities of Montemar Beach Club Inc. for its failure to comply with reportorial requirements and settle the assessed penalty. Montemar...

Business