AA Castro Construction and Aggregates Trading

July 26, 2022 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY This ADVISORY is prompted by complaints from victims of AA CASTRO CONSTRUCTION AND AGGREGATES TRADING/AA CASTRO HAULING CONSTRUCTION MANAGEMENT AND AGGREGATES TRADING OPC headed by APRIL GRACE CALLEJA CASTRO as its Chief Executive Officer. Based on the Commission's database, AA CASTRO CONSTRUCTION AND AGGREGATES TRADING is NOT registered with the Commission either as a corporation or as a partnership. Furthermore, AA CASTRO CONSTRUCTION AND AGGREGATES TRADING is not authorized to solicit investments/placements from the public nor to issue investment contracts and other forms of securities since it has not secured prior registration and/or license from the Commission as prescribed under Sections 8 and 28 of the Securities Regulation Code . On the other hand, AA CASTRO HAULING CONSTRUCTION MANAGEMENT AND AGGREGATES TRADING OPC is registered with the Commission with SEC Registration Number 2021110034068-02. However, such registration merely grants juridical personality to the corporation but does not authorize it to issue, sell or offer for sale securities to the public nor undertake business activities requiring secondary license. Moreover, the subject of the herein advisory is also using the business names AA CASTRO CAPITAL OPC, AA CASTRO PROJECT TAP ON BUSINESS INVESTMENT PHILIPPINES, and AA CASTRO HAULING SERVICES. It bears stressing that Ms. April Grace Calleja Castro represented and offered to the investing public a weekly income of Php4,400.00 but not exceeding Php4,700.00 weekly at a rate of Php23.26 pesos per minimum of 189 cubic meters of aggregates to be hauled and delivered weekly in every Php50,000.00 of investment, thus: Amount of Investment Calax Project Island Cove Project >25,000 =2,200.00 Not accepted >30,000 =2,520/2,700 Not accepted >50,000 =4,400 =4,700 >75,000 =5,500 =5,875 >100,000 =7,300/8,800 =9,400 >150,000 =11,000 =14,100 >200,000 =14,600 =18,800 >300,000 =28,200 Specifically, an initial investment of Php50,000.00 guarantees an income of Php4,400.00 but not exceeding Php4,700.00 weekly at a rate of Php23.26 pesos per minimum of 189 cubic meters of aggregates to be hauled and delivered or a promised interest of up to 30%-40% a month. The public is hereby advised NOT TO INVEST or STOP INVESTING in any investment scheme being offered by any individual or group of persons allegedly for or on behalf of AA CASTRO CONSTRUCTION AND AGGREGATES TRADING/AA CASTRO HAULING CONSTRUCTION MANAGEMENT AND AGGREGATES TRADING OPC and to exercise caution in dealing with any individuals or group of persons soliciting investments for and on behalf of said entity. Those who act as salesmen, brokers, dealers or agents of AA CASTRO CONSTRUCTION AND AGGREGATES TRADING/AA CASTRO HAULING CONSTRUCTION MANAGEMENT AND AGGREGATES TRADING OPC in selling or convincing people to invest in the investment scheme being offered by this entity including solicitations and recruitment through the internet may likewise be prosecuted and held criminally liable under Section 28 of the SRC and penalized with a maximum fine of Five Million pesos (P5,000,000.00) or penalty of Twenty-one (21) years of imprisonment or both pursuant to Section 73 of the SRC. Also, those who invite or recruit others to join or invest in such venture or offer investment contracts or securities to the public may incur criminal liability, or otherwise be sanctioned or penalized accordingly as held by the Supreme Court in the case of Securities and Exchange Commission vs. Oudine Santos (G.R. No. 195542, 19 March 2014) . This Department is taking appropriate action against unauthorized investment taking activities and investment scams. Hence, if you have been approached and invited to join and invest in AA CASTRO CONSTRUCTION AND AGGREGATES TRADING/AA CASTRO HAULING CONSTRUCTION MANAGEMENT AND AGGREGATES TRADING OPC or any entity which does not have the proper authority to solicit investments/placements from the public, we encourage you to cooperate with us and immediately report these activities to the ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT through email at [emailprotected] . For the guidance of the public. Makati City, July 26, 2022.