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                    [ArticleID] => 187429
                    [Title] => Tibayan commits to abide by SEC rules
                    [Summary] => The Tibayan Group said yesterday it was willing to "rectify" any infraction it may have committed as it pledged to abide by the rules and regulations of the Securities and Exchange Commission (SEC).


In a letter to the SEC, Tibayan Group chairman Jesus Tibayan said the company was willing to comply with SEC rules but requested that perceived violations of the group be treated in utmost confidentially to protect the firm’s integrity.


Tibayan reiterated that there was no formal complaint filed against the company by any person or by the SEC.


                    [DatePublished] => 2002-12-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
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                    [ArticleID] => 186666
                    [Title] => Tibayan group asked to explain sale of shares at par value
                    [Summary] => Mutual fund firm Tibayan Group Investment Co. Inc. is in hot water for having allegedly violated the Investment Company Act (ICA) be selling shares to the public at par value and not at the prevailing net asset value per share as required under securities rules.


The Securities and Exchange Commission has directed the Tibayan Group to explain why it should not be held liable for violating Section 22 of the ICA which provides that no registered investment company shall sell a security at a private different from the one declared in its prospects.


                    [DatePublished] => 2002-12-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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TIBAYAN GROUP INVESTMENT CO

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                    [ArticleID] => 187429
                    [Title] => Tibayan commits to abide by SEC rules
                    [Summary] => The Tibayan Group said yesterday it was willing to "rectify" any infraction it may have committed as it pledged to abide by the rules and regulations of the Securities and Exchange Commission (SEC).


In a letter to the SEC, Tibayan Group chairman Jesus Tibayan said the company was willing to comply with SEC rules but requested that perceived violations of the group be treated in utmost confidentially to protect the firm’s integrity.


Tibayan reiterated that there was no formal complaint filed against the company by any person or by the SEC.


                    [DatePublished] => 2002-12-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 186666
                    [Title] => Tibayan group asked to explain sale of shares at par value
                    [Summary] => Mutual fund firm Tibayan Group Investment Co. Inc. is in hot water for having allegedly violated the Investment Company Act (ICA) be selling shares to the public at par value and not at the prevailing net asset value per share as required under securities rules.


The Securities and Exchange Commission has directed the Tibayan Group to explain why it should not be held liable for violating Section 22 of the ICA which provides that no registered investment company shall sell a security at a private different from the one declared in its prospects.


                    [DatePublished] => 2002-12-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

abtest

Tibayan commits to abide by SEC rules

By Zinnia B. Dela Peña | December 11, 2002 - 12:00am

The Tibayan Group said yesterday it was willing to "rectify" any infraction it may have committed as it pledged to abide by the rules and regulations of the Securities and Exchange Commission (SEC). In...

Business

Tibayan group asked to explain sale of shares at par value

By Zinnia B. Dela Peña | December 5, 2002 - 12:00am

Mutual fund firm Tibayan Group Investment Co. Inc. is in hot water for having allegedly violated the Investment Company Act (ICA) be selling shares to the public at par value and not at the prevailing net asset value...

Business