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                    [ArticleID] => 286951
                    [Title] => Phil-Asia Care hikes capital to P150 M
                    [Summary] => Phil-Asia Care Plans Inc. is raising its capital to P150 million from only P3 million as it eyes a comeback in the local pre-need industry.


An SEC official said Phil-Asia is planning to revive its business as a way to legitimize its solicitation activities. 


Phil-Asia came under fire from securities regulators for selling non-existent pre-need plans.


                    [DatePublished] => 2005-07-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                (
                    [ArticleID] => 271901
                    [Title] => SEC warns public vs dealing with Phil-Asia Care
                    [Summary] => The Securities and Exchange Commission (SEC)  has warned thepublic anew against dealing with Phil-Asia Care Plans Inc., a pre-need firm that ceased operations due to illegal sale of securities, following reports that the company continues to solicit investments despite the permanent cease-and-desist order (CDO) issued by the SEC.


The SEC has received complaints from several investors located in the provinces that they had been duped into buying non-existent pre-need plans.  The agency’s compliance and enforcement department is now looking into the case.


                    [DatePublished] => 2005-03-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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                    [ArticleID] => 206746
                    [Title] => DOJ recommends filing of charges vs owners, officers of Phil-Asia Care
                    [Summary] => The Department of Justice has recommended the filing of criminal charges against the incorporator-directors and officers of Phil-Asia Care Plans Inc. for unauthorized sale of pre-need plans.


This as the Justice Department upheld the findings of the Securities and Exchange Commission against Phil-Asia, its president and general manager Vicente Afulgencia, its senior vice-president Leonisa Rana, and several agents.


                    [DatePublished] => 2003-05-19 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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AFULGENCIA AND RANA

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    [results] => Array
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            [0] => Array
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                    [ArticleID] => 286951
                    [Title] => Phil-Asia Care hikes capital to P150 M
                    [Summary] => Phil-Asia Care Plans Inc. is raising its capital to P150 million from only P3 million as it eyes a comeback in the local pre-need industry.


An SEC official said Phil-Asia is planning to revive its business as a way to legitimize its solicitation activities. 


Phil-Asia came under fire from securities regulators for selling non-existent pre-need plans.


                    [DatePublished] => 2005-07-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                (
                    [ArticleID] => 271901
                    [Title] => SEC warns public vs dealing with Phil-Asia Care
                    [Summary] => The Securities and Exchange Commission (SEC)  has warned thepublic anew against dealing with Phil-Asia Care Plans Inc., a pre-need firm that ceased operations due to illegal sale of securities, following reports that the company continues to solicit investments despite the permanent cease-and-desist order (CDO) issued by the SEC.


The SEC has received complaints from several investors located in the provinces that they had been duped into buying non-existent pre-need plans.  The agency’s compliance and enforcement department is now looking into the case.


                    [DatePublished] => 2005-03-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 206746
                    [Title] => DOJ recommends filing of charges vs owners, officers of Phil-Asia Care
                    [Summary] => The Department of Justice has recommended the filing of criminal charges against the incorporator-directors and officers of Phil-Asia Care Plans Inc. for unauthorized sale of pre-need plans.


This as the Justice Department upheld the findings of the Securities and Exchange Commission against Phil-Asia, its president and general manager Vicente Afulgencia, its senior vice-president Leonisa Rana, and several agents.


                    [DatePublished] => 2003-05-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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abtest

Phil-Asia Care hikes capital to P150 M

By Zinnia B. Dela Peña | July 18, 2005 - 12:00am

Phil-Asia Care Plans Inc. is raising its capital to P150 million from only P3 million as it eyes a comeback in the local pre-need industry. An SEC official said Phil-Asia is planning to revive its business as a...

Business

SEC warns public vs dealing with Phil-Asia Care

By Zinnia B. Dela Peña | March 29, 2005 - 12:00am

The Securities and Exchange Commission (SEC) has warned thepublic anew against dealing with Phil-Asia Care Plans Inc., a pre-need firm that ceased operations due to illegal sale of securities, following reports...

Business

DOJ recommends filing of charges vs owners, officers of Phil-Asia Care

By Zinnia B. Dela Peña | May 19, 2003 - 12:00am

The Department of Justice has recommended the filing of criminal charges against the incorporator-directors and officers of Phil-Asia Care Plans Inc. for unauthorized sale of pre-need plans. This as the Justice...

Business