In the Matter of Green Square Properties Corporation

November 13, 2007SEC CEDIN THE MATTER OF GREEN SQUARE PROPERTIES CORPORATIONORDERBefore this Commission is the request for reduction of the total reassessed penalties imposed against Green Square Properties Corporation (Green Square) for failure to file the following reportorial requirements in violation of Securities Regulation Code (SRC) Rules 17 and 20: DcTaEHSEC Form 11-A (Annual Report) — 1999 and 2000SEC Form 11-Q (1999) — 2nd and 3rd QuarterSEC Form 17-A (Annual Report) — 2001-2003SEC Form 17-IS (Information Statement) — 2000-2004SEC Form 17-Q (2000-2003) 1st, 2nd and 3rd Quarter (2004) 1st and 2nd QuarterIn a letter dated 16 October 2007, Green Square, through its Chairman and President, Atty. Romeo G. Roxas, formally requested the Compliance and Enforcement Department (CED) to grant the corporation a fifteen percent (15%) or FOUR HUNDRED FOURTEEN THOUSAND THREE HUNDRED FIFTEEN PESOS (PHP414,315.00) reduction of the total reassessed value of the penalties in the amount of TWO MILLION SEVEN HUNDRED SIXTY TWO THOUSAND ONE HUNDRED PESOS (PHP2,762,100.00) imposed by the Commission against Green Square. Attached with the said letter is a Secretary's Certificate...