In re Mt. Matutum Medical Center, Inc.

July 15, 2008 SEC-CFD ORDER NO. 065-08 IN MATTER OF MT. MATUTUM MEDICAL CENTER, INC. VIOLATION OF RULES 17 AND 20 OF THE SECURITIES REGULATION CODE ORDER ON PAYMENT OF PENALTY The records on file with this Commission show that Mt. Matutum Medical Center, Inc., failed to file its 2006 1st Quarter Report (SEC Form 17-Q) and 2007 Information Statement (SEC Form 20-IS) within the prescribed period. As a result, the company was ordered to pay a total fine of One Hundred Fifty Five Thousand Six Hundred Pesos (P155,600.00) 1 which it paid on installment basis as follows: EHTSCD Penalty for Penalty for Amount Official 2007 SEC 2006 1st Total Paid Receipt Form 20-IS Quarter SEC Number Form 17-Q 25% Initial Payment P26,250.00 P12,650.00 P38,900.00 P26,250.00 5491498 12,650.00 5492446 1st Installment Payment 15,750.00 7,590.00 23,340.00 15,750.00 5492050 7,590.00 5492446 2nd Installment Payment 15,750.00 7,590.00 23,340.00 23,340.00 5492707 3rd Installment Payment 15,750.00 7,590.00 23,340.00 23,340.00 5512875 4th Installment Payment 15,750.00 7,590.00 23,340.00 23,340.00 5513516 5th Installment Payment 15,750.00 7,590.00 23,340.00 23,340.00. 5514035 TOTAL P105,000.00 P50,600.00 P155,600.00 P155,600.00 ========= ======== ======== ======== The company is admonished to take all appropriate measures to ensure its faithful and timely compliance with Securities Regulation Code (SRC) Rules 17.1 (1) (A) (ii) and 20 (3) (c). Any further violation shall subject the company and/or its responsible officers to heavier penalties as may be provided for by law. SO ORDERED. EDSA, Greenhills, Mandaluyong City, Philippines. July 15, 2008. (SGD.) JUSTINA F. CALLANGAN Director Footnotes 1. One Hundred Five Thousand Pesos (P105,000.00) for 2007 SEC Form 20-IS and Fifty Thousand Six Hundred Pesos (P50,600.00) for 2006 1st Quarter Report (SEC Form 17-Q). EaHIDC