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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 289444 [Title] => CAP gets 20-day extension to comply with SEC order [Summary] => The Securities and Exchange Commission has given College Assurance Plan Phils. Inc. another 20 days to explain why sanctions should be imposed against it for its failure to correct its trust fund deficiency and for violation of the rules on the registration and sale of pre-need plans.
CAP had originally been given until yesterday (Aug. 1) to reply to the SECs show cause order.
CAP said it needed more time to answer the issues raised by the SEC.
[DatePublished] => 2005-08-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 288806 [Title] => CAP airs concern over SECs takeover plan [Summary] => College Assurance Plan Phils. Inc. (CAP) has expressed concern over a plan by the Securities and Exchange Commission (SEC) to take over the pre-need firm, saying such move could result in its extinction, leaving thousands of investors holding the proverbial empty bag.
A top official of CAP, who requested not to be named, questioned the SECs plan to take management control of the cash-strapped pre-need firm, pointing out that this would just aggravate the problems that CAP is facing now.
[DatePublished] => 2005-07-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
INTERNATIONAL GLOBAL HOLDINGS INC
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 289444 [Title] => CAP gets 20-day extension to comply with SEC order [Summary] => The Securities and Exchange Commission has given College Assurance Plan Phils. Inc. another 20 days to explain why sanctions should be imposed against it for its failure to correct its trust fund deficiency and for violation of the rules on the registration and sale of pre-need plans.
CAP had originally been given until yesterday (Aug. 1) to reply to the SECs show cause order.
CAP said it needed more time to answer the issues raised by the SEC.
[DatePublished] => 2005-08-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 288806 [Title] => CAP airs concern over SECs takeover plan [Summary] => College Assurance Plan Phils. Inc. (CAP) has expressed concern over a plan by the Securities and Exchange Commission (SEC) to take over the pre-need firm, saying such move could result in its extinction, leaving thousands of investors holding the proverbial empty bag.
A top official of CAP, who requested not to be named, questioned the SECs plan to take management control of the cash-strapped pre-need firm, pointing out that this would just aggravate the problems that CAP is facing now.
[DatePublished] => 2005-07-29 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 | August 2, 2005 - 12:00am
By Zinnia B. Dela Peña | July 29, 2005 - 12:00am
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