In re ATR-Kim Eng Equity Opportunity Fund, Inc.
SEC-CFD Order No. 029-08 • Securities and Exchange Commission Departments • Corporate Governance and Finance Department (CGFD) • Mar 18, 2008
Full text
March 18, 2008 SEC-CFD ORDER NO. 029-08 IN THE MATTER OF ATR-KIM ENG EQUITY OPPORTUNITY FUND, INC. VIOLATION OF SRC RULE 8.1 ORDER ON PAYMENT OF PENALTY The records on file with this Commission show that ATR-KIM ENG EQUITY OPPORTUNITY FUND, INC. sold 19,130,435.92 shares without prior registration, in violation of SRC Rule 8.1 (1) (A). As a result, the company was ordered to pay a fine of Seven Hundred Sixty Thousand Pesos (P760,000.00) , which it paid on March 17, 2008 as shown by Official Receipt No. 0150254 dated March 17, 2008. The company is admonished to take all appropriate measures to ensure its faithful and timely compliance with SRC Rule 8.1. Any further violation shall subject the company and/or its responsible officers to heavier penalties as may be provided by law. SO ORDERED. EDSA, Greenhills, Mandaluyong City, Philippines. March 18, 2008. EDcICT (SGD.) JUSTINA F. CALLANGAN Director
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