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+ Follow PENSION AND PENTACAPITAL INVESTMENT CORP Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 298597 [Title] => SEC opposes CAP petition for rehab [Summary] => The Securities and Exchange Commission (SEC) is opposing the petition for rehabilitation filed by College Assurance Plan Phils. Inc. (CAP) on the ground that the pre-need firm is already insolvent.
SEC chairman Fe Barin said, in a radio interview, that the agency is now preparing its opposition to CAPs petition for corporate rehabilitation which it hopes to file this week or next week.
Barin said CAP can no longer be rehabilitated since its liabilities have already exceeded its assets.
[DatePublished] => 2005-09-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 295415 [Title] => SEC nod not needed in CAP check payments [Summary] => The Securities and Exchange Commission (SEC) said planholders of College Assurance Plan Phils. Inc. (CAP) no longer need to secure an endorsement from the corporate watchdog agency before getting their check payments from the cash-strapped pre-need firm.
The SEC issued this statement in light of reports that some planholders of CAP had been advised by the pre-need firms personnel to seek the endorsement first from the SEC to be able to receive their check payments.
[DatePublished] => 2005-09-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
PENSION AND PENTACAPITAL INVESTMENT CORP
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 298597 [Title] => SEC opposes CAP petition for rehab [Summary] => The Securities and Exchange Commission (SEC) is opposing the petition for rehabilitation filed by College Assurance Plan Phils. Inc. (CAP) on the ground that the pre-need firm is already insolvent.
SEC chairman Fe Barin said, in a radio interview, that the agency is now preparing its opposition to CAPs petition for corporate rehabilitation which it hopes to file this week or next week.
Barin said CAP can no longer be rehabilitated since its liabilities have already exceeded its assets.
[DatePublished] => 2005-09-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 295415 [Title] => SEC nod not needed in CAP check payments [Summary] => The Securities and Exchange Commission (SEC) said planholders of College Assurance Plan Phils. Inc. (CAP) no longer need to secure an endorsement from the corporate watchdog agency before getting their check payments from the cash-strapped pre-need firm.
The SEC issued this statement in light of reports that some planholders of CAP had been advised by the pre-need firms personnel to seek the endorsement first from the SEC to be able to receive their check payments.
[DatePublished] => 2005-09-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | September 26, 2005 - 12:00am
By Zinnia B. Dela Peña | September 7, 2005 - 12:00am
Recommended
The Insurance Commission has placed health maintenance organization Stotsenberg Healthcare Systems Inc.under conservatorship amid its inability to address requirements from the government.
1 day ago
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