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+ Follow PLATINUM PLANS AND COLLEGE ASSURANCE PLANS INC Tag
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[ArticleID] => 314139
[Title] => Pre-need firm encountering cash flow problems
[Summary] => TPG Corp., another pre-need firm that offered open-ended educational plans, is reportedly experiencing cash flow problems.
An official of the Securities and Exchange Commission (SEC) said TPG is one of the pre-need firms that have held exploratory talks with the commission on how it plans to address its financial problem.
The SEC official said TPG plans to convert the payments due to planholders into equity as a way to solve its financial problem.
[DatePublished] => 2005-12-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
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PLATINUM PLANS AND COLLEGE ASSURANCE PLANS INC
Array
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(
[ArticleID] => 314139
[Title] => Pre-need firm encountering cash flow problems
[Summary] => TPG Corp., another pre-need firm that offered open-ended educational plans, is reportedly experiencing cash flow problems.
An official of the Securities and Exchange Commission (SEC) said TPG is one of the pre-need firms that have held exploratory talks with the commission on how it plans to address its financial problem.
The SEC official said TPG plans to convert the payments due to planholders into equity as a way to solve its financial problem.
[DatePublished] => 2005-12-29 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 | December 29, 2005 - 12:00am
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Davao City Mayor Sebastian “Baste” Duterte faced the Senate impeachment court yesterday as a hostile witness, reiterating that he was unaware that his sister, Vice President Sara Duterte, had a business interest in GenCorp Industries Inc.
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