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                    [ArticleID] => 321930
                    [Title] => Pre-need firm TPG Corp submits self for court rehab
                    [Summary] => In line with its plan to transform itself into an investment holding company, pre-need firm Professional Financial Plans (TPG Corp.) has sought corporate rehabilitation with the Makati Regional Trial Court.


TPG is the fourth pre-need firm to seek refuge from the court for a moratorium on its debt payments to ensure continued operations.


                    [DatePublished] => 2006-02-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 314139
                    [Title] => Pre-need firm encountering cash flow problems
                    [Summary] => TPG Corp., another pre-need firm that offered open-ended educational plans, is reportedly experiencing cash flow problems.


An official of the Securities and Exchange Commission (SEC) said TPG is one of the pre-need firms that have held exploratory talks with the commission on how it plans to address its financial problem.


The SEC official said TPG plans to convert the payments due to planholders into equity as a way to solve its financial problem.


                    [DatePublished] => 2005-12-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 293482
                    [Title] => Pre-need firm TPG in talks with investor groups
                    [Summary] => Pre-need firm TPG Corp. said it is in talks with at least two investor-groups that will make it a much bigger and stronger company.


"We’re talking to two reputable groups that would make us 10 times stronger," TPG chairman Francisco Colayco said in a press briefing yesterday.


Colayco made this statement as he assured the firm’s planholders that management is doing everything it can to safeguard the interest of investors. He, however, declined to identify the prospective investors as talks are still ongoing.


                    [DatePublished] => 2005-08-26 00:00:00
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 293323
                    [Title] => SEC tightens watch over pre-need firm
                    [Summary] => Another pre-need firm has come under fire from the Securities and Exchange Commission (SEC) for its failure to submit pertinent information regarding its financial health, fuelling speculations it is facing liquidity problems like what other firms that sold open-ended plans are presently experiencing.


Tightening its noose on errant firms, the SEC has issued an order directing pre-need firm TPG Corp. to explain why no administrative sanctions should be imposed against it for failing to submit its actuarial valuation report  (AVR) and annual financial statements.


                    [DatePublished] => 2005-08-25 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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EQUITABLE PAY

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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 321930
                    [Title] => Pre-need firm TPG Corp submits self for court rehab
                    [Summary] => In line with its plan to transform itself into an investment holding company, pre-need firm Professional Financial Plans (TPG Corp.) has sought corporate rehabilitation with the Makati Regional Trial Court.


TPG is the fourth pre-need firm to seek refuge from the court for a moratorium on its debt payments to ensure continued operations.


                    [DatePublished] => 2006-02-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                (
                    [ArticleID] => 314139
                    [Title] => Pre-need firm encountering cash flow problems
                    [Summary] => TPG Corp., another pre-need firm that offered open-ended educational plans, is reportedly experiencing cash flow problems.


An official of the Securities and Exchange Commission (SEC) said TPG is one of the pre-need firms that have held exploratory talks with the commission on how it plans to address its financial problem.


The SEC official said TPG plans to convert the payments due to planholders into equity as a way to solve its financial problem.


                    [DatePublished] => 2005-12-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 293482
                    [Title] => Pre-need firm TPG in talks with investor groups
                    [Summary] => Pre-need firm TPG Corp. said it is in talks with at least two investor-groups that will make it a much bigger and stronger company.


"We’re talking to two reputable groups that would make us 10 times stronger," TPG chairman Francisco Colayco said in a press briefing yesterday.


Colayco made this statement as he assured the firm’s planholders that management is doing everything it can to safeguard the interest of investors. He, however, declined to identify the prospective investors as talks are still ongoing.


                    [DatePublished] => 2005-08-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 293323
                    [Title] => SEC tightens watch over pre-need firm
                    [Summary] => Another pre-need firm has come under fire from the Securities and Exchange Commission (SEC) for its failure to submit pertinent information regarding its financial health, fuelling speculations it is facing liquidity problems like what other firms that sold open-ended plans are presently experiencing.


Tightening its noose on errant firms, the SEC has issued an order directing pre-need firm TPG Corp. to explain why no administrative sanctions should be imposed against it for failing to submit its actuarial valuation report  (AVR) and annual financial statements.


                    [DatePublished] => 2005-08-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

Pre-need firm TPG Corp submits self for court rehab

By Zinnia B. Dela Peña | February 16, 2006 - 12:00am

In line with its plan to transform itself into an investment holding company, pre-need firm Professional Financial Plans (TPG Corp.) has sought corporate rehabilitation with the Makati Regional Trial Court. TPG...

Business

Pre-need firm encountering cash flow problems

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

TPG Corp., another pre-need firm that offered open-ended educational plans, is reportedly experiencing cash flow problems. An official of the Securities and Exchange Commission (SEC) said TPG is one of the pre-need...

Business

Pre-need firm TPG in talks with investor groups

By Zinnia B. Dela Peña | August 26, 2005 - 12:00am

Pre-need firm TPG Corp. said it is in talks with at least two investor-groups that will make it a much bigger and stronger company. "We’re talking to two reputable groups that would make us 10 times stronger,"...

Business

SEC tightens watch over pre-need firm

By Zinnia B. Dela Peña | August 25, 2005 - 12:00am

Another pre-need firm has come under fire from the Securities and Exchange Commission (SEC) for its failure to submit pertinent information regarding its financial health, fuelling speculations it is facing liquidity...

Business