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                    [ArticleID] => 258048
                    [Title] => Third party to appraise real estate assets of CAP
                    [Summary] => The Securities and Exchange Commission (SEC) will meet with the trustee banks of College Assurance Plan Phils. Inc. (CAP) to discuss whether they could adjust the valuation of the pre-need firm’s assets.


SEC Chairman Lilia R. Bautista said the trustee banks have agreed to hire a third party appraiser to come up with a fair value of CAP’s real estate properties. 


This after CAP asked for a higher valuation of its real estate properties in its trust fund.


                    [DatePublished] => 2004-07-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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NAIC PROPERTIES

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                    [ArticleID] => 258048
                    [Title] => Third party to appraise real estate assets of CAP
                    [Summary] => The Securities and Exchange Commission (SEC) will meet with the trustee banks of College Assurance Plan Phils. Inc. (CAP) to discuss whether they could adjust the valuation of the pre-need firm’s assets.


SEC Chairman Lilia R. Bautista said the trustee banks have agreed to hire a third party appraiser to come up with a fair value of CAP’s real estate properties. 


This after CAP asked for a higher valuation of its real estate properties in its trust fund.


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                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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abtest

Third party to appraise real estate assets of CAP

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

The Securities and Exchange Commission (SEC) will meet with the trustee banks of College Assurance Plan Phils. Inc. (CAP) to discuss whether they could adjust the valuation of the pre-need firm’s assets. SEC...

Business