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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 285539 [Title] => SM Investments faces SEC sanctions over disclosure violations [Summary] => SM Investments Corp. (SMIC)., the listed investment holding company of retail tycoon Henry Sy, faces possible sanctions from the Securities and Exchange Commission (SEC), which include the revocation of its registration statement and the imposition of administrative fines, for alleged violation of the agencys disclosure rules.
An SEC official said an investigation conducted by an SEC unit showed that SMIC failed to disclose a court case involving a property owned by its 93 percent-owned subsidiary Manila Southcoast Development Corp. (MSDC).
[DatePublished] => 2005-07-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
COMPLIANCE SURVEILLANCE DEPARTMENT
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 285539 [Title] => SM Investments faces SEC sanctions over disclosure violations [Summary] => SM Investments Corp. (SMIC)., the listed investment holding company of retail tycoon Henry Sy, faces possible sanctions from the Securities and Exchange Commission (SEC), which include the revocation of its registration statement and the imposition of administrative fines, for alleged violation of the agencys disclosure rules.
An SEC official said an investigation conducted by an SEC unit showed that SMIC failed to disclose a court case involving a property owned by its 93 percent-owned subsidiary Manila Southcoast Development Corp. (MSDC).
[DatePublished] => 2005-07-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | July 8, 2005 - 12:00am
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EZ2 - 16 17
SUERTRES - 9 7 4
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