Applications for Certificates of Authority to Establish or Operate Branch Offices
SEC-CFD Notice and Order • Securities and Exchange Commission Departments • Corporate Governance and Finance Department (CGFD) • May 6, 2005
Full text
May 6, 2005 IN THE MATTER OF A-1 FINANCIAL SERVICES INC. APPLICATIONS FOR CERTIFICATES OF AUTHORITY TO ESTABLISH OR OPERATE BRANCH OFFICES NOTICE AND ORDER Notice is hereby given that the above-named corporation has filed applications for Certificate of Authority to establish or operate branch offices in Basak, Mandaue City and Iloilo City pursuant to Section 6 of the Rules and Regulations to Implement the Provisions of R.A No. 8556 (The Financing Company Act of 1998). The applicant's capital structure is as follows: Authorized Capital Stock P100,000,000.00 Subscribed Capital Stock 60,000,000.00 Paid-up Capital Stock 40,000,000.00 According to the papers/documents presented, the following persons are the directors/officers of the corporation: Name Position 1. Emeterio S. Bacolot Chairman/President/CEO 2. Gil S. Bacolot Director/Corporate Secretary 3. Jesus B. Barnido Director/Auditor 4. Franklin C. Bacolot Director 5. Hazel B. Ramos Director 6. Ma. Fe N. Mamac Branch Manager-Mandaue City 7. Jose B. Alparache, Jr. Branch Manager-IloiloCity This Notice and Order shall be published in a newspaper of general circulation in the Philippines once a week for two (2) consecutive weeks and shall be simultaneously posted in a public and conspicuous place in the City/Municipality where the branch offices of the company are proposed to be located and in the office of the Commission. Any interested party may oppose the applications in writing personally or through counsel within two (2) weeks after the last publication of the Notice. If the Commission finds that the requirements of R.A. No. 8556, the implementing Rules and Regulations and other pertinent laws have been complied with and no valid reason exists for the disapproval of the subject applications, the Commission shall take appropriate action on said applications. TAIDHa SO ORDERED. (SGD.) JUSTINA F. CALLANGAN Director Published in The Manila Times on May 25 & 30, 2005 .
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