Registration and Licensing of Additional Securities Covering P400 Million Worth of Fixed Value Non-Participating Sun Education Plan
SEC-NTD (Order) • Securities and Exchange Commission Departments • Non-Traditional Securities and Instruments Department (NTD) • Jun 10, 2008
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June 10, 2008 NON-TRADITIONAL SECURITIES AND INSTRUMENTS DEPARTMENT IN THE MATTER OF SUN LIFE FINANCIAL PLANS, INC., registrant. REGISTRATION AND LICENSING OF ADDITIONAL SECURITIES COVERING P400 MILLION WORTH OF FIXED VALUE NON-PARTICIPATING SUN EDUCATION PLAN O R D E R Upon consideration of the registration statement and its papers and documents attached thereto filed for and on behalf of SUN LIFE FINANCIAL PLANS, INC., the Commission pursuant to SEC Memorandum Circular No. 1 Series of 2007 re: Guidelines on the Expeditious Approvals of Matter Concerning Pre-Need Plans, rendered effective the registration and licensing of additional securities covering 6,415 Fixed Value Non-Participating Sun Education Plans worth Four Hundred Million Pesos (P400,000,000.00) of said corporation subject to the prescribed terms and conditions of the permit. CTHaSD Accordingly, a Certificate of Permit to Sell Securities is hereby issued authorizing the sale of 6,415 Fixed Value Non-Participating Sun Education Plans worth Four Hundred Million Pesos (P400,000,000.00) only. However, the issuance thereof is only permissive and does not constitute a recommendation or endorsement of the securities permitted to be offered for sale. It shall be unlawful to make or cause to be made to any prospective purchaser any representation contrary to the foregoing. Let this Order be published at the expense of the corporation once in a newspaper of general circulation in the Philippines within ten (10) days from its promulgation. The corporation is hereby directed to submit to the Commission an affidavit to this effect within five (5) days from such publication. SO ORDERED. EDSA, Mandaluyong City, Philippines. June 10, 2008. (SGD.) JOSE P. AQUINO Acting Director Published in The Manila Times on June 10, 2008.
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