October 21, 2019
SEC MSRD ORDER NO. 038-19
IN THE MATTER OF P-H-O-E-N-I-X PETROLEUM PHILIPPINES, INC., registrant.
REGISTRATION OF SECURITIES (PREFERRED SHARES)
ORDER OF REGISTRATION
Upon consideration of the Registration Statement and other papers and documents attached thereto, which were filed on behalf of P-H-O-E-N-I-X PETROLEUM PHILIPPINES, INC., the Commission resolved, in its meeting on 26 September 2019, to render effective the registration of up to Seven Million (7,000,000) Preferred Shares Series 4, consisting of a base offer of Five Million (5,000,000) Preferred Shares and an oversubscription of up to Two Million (2,000,000) Preferred Shares at an offer price of One Thousand Pesos (PhP1,000.00) per Preferred Shares to be issued and offered for sale to the general public in accordance with the requirements of Sections 8 and 12 of the Securities Regulation Code.
In this regard and after determining that the company has complied with the required submissions as directed in the Pre-Effective Letter issued on 27 September 2019, the subject Registration Statement is now rendered effective.
Let a Certificate of Permit to Offer Securities for Sale be issued in favor...
