March 2005
NON-TRADITIONAL SECURITIES AND INSTRUMENTS DEPARTMENT
IN THE MATTER OF TPG CORPORATION, registrant.
ADDITIONAL REGISTRATION/LICENSING OF P350 MILLION WORTH OF FIXED VALUE EDUCATION PLANS WITH PRICE INCREASE
NOTICE AND ORDER
Notice is hereby given that on March 7, 2005 a registration statement was filed with the Securities and Exchange Commission for and on behalf of TPG CORPORATION for the additional registration and licensing of P350.00 million worth of Fisted Value Education plans with price increase to be sold at the following gross contract prices based on annual mode of payment:
Payment Term | Current | Proposed | ||
(Year) | Minimum | Maximum | Minimum | Maximum |
One | P14,493 | P50,415 | P21,396 | P62,566 |
Two | N.A. | N.A. | 22,172 | 64,836 |
Three | N.A. | N.A. | 22,978 | 67,188 |
Four | N.A. | N.A. | 23,280 | 68,072 |
Five | 17,950 | 62,435 | 23,976 | 70,100 |
Note: Details by maturity period are available in the actuarial feasibility study filed with SEC.
Minimum gross contract price are based on 17 years to mature while maximum are based on 6 years to mature.
According to the documents submitted, the following persons appear to be the officers/directors of the corporation:
Name | Position |
Francisco J. Colayco | Chairman |
Emmanuel V. Ridad | President |
Carlos R. Araneta | Director |
Benito R. Araneta | Director |
Mary Anne B. Colayco | Director |
Joaquin G. Garcia | Director |
Jaime Y. Ladao | Director |
Engracio U. Ang, Jr, | VP-Controller |
Rafael Garcia III | Director |
Esteban Salonga | Director |
Yolanda D. Miranda | Executive Vice President |
Said documents attached thereto...