Registration/Licensing of 2 Billion Worth of Pension Securities
SEC-NTD (Notice and Order) • Securities and Exchange Commission Departments • Non-Traditional Securities and Instruments Department (NTD) • Feb 14, 2005
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February 14, 2005 NON-TRADITIONAL SECURITIES AND INSTRUMENTS DEPARTMENT IN THE MATTER OF PRUDENTIALIFE PLANS, INC., registrant. REGISTRATION/LICENSING OF 2 BILLION WORTH OF PENSION SECURITIES NOTICE AND ORDER Notice is hereby given that on January 11 and 25, 2005, sworn registration statement and the supporting documents were filed with the Securities and Exchange Commission for and on behalf of PRUDENTIALIFE PLANS, INC., for the additional registration/licensing of P2 billion worth of pension plans to be sold at the following contract prices per unit of P10,000.00 based on annual mode of payment. Pension Plan Band 1 (Maturity Value of less than P200,000) Payment Fund Starter 1 Fund Builder 1 Fund Builder Plus 1 Premium Fund Builder 1 Wealth Builder 2 Term Minimum Maximum Minimum Maximum Minimum Maximum Minimum Maximum Minimum Maximum Spotchash 1,389 8,310 1,410 8,375 1,800 18,980 1,990 19,200 9,415 14,386 2 Years 1,494 8,500 1,560 8,700 2,016 20,300 2,420 20,540 9,706 14,830 3 Years 1,698 8,910 1,845 8,967 2,124 21,750 2,580 22,050 10,005 15,291 4 Years 1,796 9,352 1,948 9,520 2,300 23,000 2,700 23,280 10,316 15,764 5 Years 1,950 9,850 2,270 10,500 2,560 24,650 3,020 25,000 10,635 16,250 10 Years 2,430 9,200 2,900 9,500 3,200 17,000 4,080 17,500 13,990 13,990 Pension Plan Band 2 (Maturity Value of at least equal to P200,000) Payment Fund Starter 1 Fund Builder 1 Fund Builder Plus 1 Premium Fund Builder 1 Wealth Builder 1 Term Minimum Maximum Minimum Maximum Minimum Maximum Minimum Maximum Minimum Maximum Spotchash 1,250 8,060 1,269 8,123 1,620 18,410 1,791 16,624 8,875 13,501 2 Years 1,344 8,244 1,404 8,438 1,814 19,690 2,178 19,922 9,150 13,918 3 Years 1,528 8,643 1,659 8,697 1,911 21,096 2,322 21,387 9,432 14,349 4 Years 1,616 9,068 1,752 9,232 2,068 22,308 2,428 22,580 9,724 14,792 5 Years 1,755 9,550 2,040 10,185 2,300 23,910 2,715 24,250 10,025 15,250 10 Years 2,180 8,280 2,610 8,550 2,880 15,300 3,670 15,750 13,090 13,090 Payment Alternative Marketing 3 Fund Secure 3 Maxi Income Builders 3 Term Minimum Maximum Minimum Maximum Minimum Maximum Spotcash 75,816 75,816 - - - - 2 Years 78,162 78,162 - - - - 3 Years 80,580 80,580 - - - - 4 Years 83,072 83,072 - - - - 5 Years 85,640 85,640 28,150 28,150 16,900 16,900 Note: Minimum number of units is 5. Based on the documents filed, the following persons appear to be its officers and directors: Name Position JOSE L. SANTOS Chairman JOSE ALBERTO T. ALBA Director/President ANTONIO A. PICAZO Director/Corporate Secretary ANTONIO P. GATMAITAN Director FRANCISCO T. ALBA, JR. Director FRANCISCO A. ALBA 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. STcHDC Any person may file an opposition thereto within ten (10) days from publication of the Notice. cd06sec SO ORDERED. EDSA, Mandaluyong City, Philippines. (SGD.) EMILIO B. AQUINO Director Published in The Manila Times on February 17 & 21, 2005 .
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