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 30, 2005
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May 30, 2005 IN THE MATTER OF ULTIMATE FINANCING CO.,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 Certificates of Authority to establish or operate branch offices in Mandaue City and San Jose, Antique, pursuant to Section 6 of the Rules and Regulations to Implement the Provisions of R.A. 8556 (The Financing Company Act of 1998). Its principal office shall be in Osmea St., Roxas City. Capital Structure of the Applicant: Authorized Capital Stock P16,000,000.00 Subscribed Capital Stock 15,000,000.00 Paid-up Capital Stock 15,000,000.00 According to the papers/documents presented, the following persons are the directors/officers of the corporation: Name Position Alejandro L. Hay Chairman Pablo S. Chu President Monica S. Chu Director/Treasurer Henrik S. Chu Director Hiram S. Chu Director Herbert S. Chu Secretary Joven D. Espia Branch Manager-San Jose, Antique Donna May G. Quemado Branch Cashier-San Jose, Antique Marion A. Villones Branch Manager-Mandaue City Shares Mae B. It-it Branch Cashier-Mandaue City This Notice and Order shall be published in a newspaper of general circulation it the Philippines once a week for two (2) consecutive weeks and shall be simultaneous it posted in a public and conspicuous place in the City/Municipality where the office of the company is proposed to be located and in the office of the Commission. THaAEC 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. 8556, the Implementing Rules and Regulations, Inc. 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. SO ORDERED. (SGD.) JUSTINA F. CALLANGAN Director Published in The Manila Times on June 6 & 13, 2005.
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