Skip to main content

Registration/Licensing of P500 Million Worth of Pension Securities

SEC-NTD (Notice and Order) • Securities and Exchange Commission Departments • Non-Traditional Securities and Instruments Department (NTD) • Feb 24, 2005

Full text

February 24, 2005 NON-TRADITIONAL SECURITIES AND INSTRUMENTS DEPARTMENT IN THE MATTER OF PERMANENT PLANS, INC., registrant. REGISTRATION/LICENSING OF P500 MILLION WORTH OF PENSION SECURITIES NOTICE AND ORDER Notice is hereby given that on February 7, 2005 a sworn registration statement was filed with the Securities and Exchange Commission for and on behalf of PERMANENT PLANS, INC., for the additional registration/licensing of P500 million worth of pension plans to be sold at the following contract prices unit of P10,000.00 based on annual mode of payment: A. Super Saver Pension Plan Payment Term PLAN TYPES (Year) SUPER SAVER SUPERSAVER GOLD PLAN SILVER PLAN Five P16,880.00 P15,835.00 B. Regular Pension Plan Payment Term Year Minimum 1 Maximum 2 Spot Cash P8,228.00 P71,588.00 Two 8,415.00 73,215.00 Three 8,648.75 75,248.75 Four 8,882.50 77,282.50 Five 9,350.00 81,350.00 Ten 10,900.00 105,800.00 Note : Other modes of payment are disclosed in the actuarial study on file with SEC. Based on the documents filed the following persons appear to be its officers and directors: Name Position JUAN MIGUEL M. VAZQUEZ President JUDITH D. VAZQUEZ Treasurer/Director VILMA ROY DUAVIT Director JERRY ANGPING Director JACINTO GAVINO Director Said petition and other documents attached thereto are open for inspection by interested parties during business hours, and copies thereof, photostatic or otherwise, shall be furnished to anyone upon request and after payment of the required fees. HacADE Any person may file an opposition thereto within ten (10) days from publication of the Notice. SO ORDERED. EDSA, Mandaluyong City, Philippines. (SGD.) EMILIO B. AQUINO Director Published in The Manila Times on March 1 & 7, 2005 .

Ask what this means for your situation

The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.