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Monday, June 01, 2009 |
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SEC tightens lid on Legacy
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7 affiliates barred from sellings assets without
regulator’s approval
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By Darwin G. Amojelar, Senior Reporter
The Securities and Exchange Commission (SEC) has prohibited seven
more affiliates of the embattled Legacy Group of Companies from
selling assets without its approval.
The SEC issued a cease-and-desist order against
All Asia Plans Corp., United Farmers Sugar Corp., Legacy Emergent
Asset Management Inc., Edifice Realty & Development Corp., C2MPV
Realty Corp., Caluyucay Realty Corp. and R.L. Roa Realty and
Development Inc.
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O T H E R R E P O R T S
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EXCLUSIVE
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New rapid bus system to cost P55B
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To solve the Philippines’ traffic woes that apparently are best
dramatized in Metro Manila and the outskirts of the country’s
principal region, the Department of Transportation and
Communications (DOTC) plans to construct a...
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Asean leaders calendar trial of Suu Kyi
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BANGKOK: Southeast Asian leaders will discuss Myanmar’s trial of
opposition leader Aung San Suu Kyi on the sidelines of a summit in
South Korea next week, Thai Prime Minister Abhisit Vejjajiva said on
Sunday.
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South Korea to hire 8,000 filipino workers until 2011
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South Korea, in a memorandum of understanding that iT signed with
the Philippines on Sunday, guaranteed the hiring of 8,000 Filipinos
to work in South Korea every year for the next three years.
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Despite SC order, Senate sets trial of Villar
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The Senate Committee of the Whole will proceed on Monday morning
with its trial of the conflict of interest case filed against Sen.
Manuel Villar Jr. despite a pending Supreme Court (SC) case, Senate
President Juan Ponce Enrile said on Sunday.
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DepEd to extend enrollment for new school year
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Education Secretary Jesli Lapus over the weekend
encouraged parents to send their children to school that reopens
today, saying that enrolment will be extended one week after the
opening.
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