March 23, 2006
NON-TRADITIONAL SECURITIES AND INSTRUMENTS DEPARTMENT
IN THE MATTER OF HIMLAYANG PILIPINO PLANS INC., registrant
REGISTRATION AND LICENSING OF FIXED VALUE EDUCATION PLANS WITH CHANGE CHANGES IN PRICING
NOTICE AND ORDER
Notice is hereby given that on March 7, 2006 a sworn registration statement was filed with the Securities and Exchange Commission for and on behalf of HIMLAYANG PILIPINO PLANS, INC. for additional registration and licensing of fixed value education plans (ACE PLAN) with Changes in Pricing to be sold at the following gross contract prices:
CURRENT | PROPOSED | |||||||
| Payment | 4-year college | 5-year college | 4-year college | 5-year college | ||||
| Term | Minimum | Maximum | Minimum | Maximum | Minimum | Maximum | Minimum | Maximum |
| SPOT | P5,849 | P15,065 | P6,047 | P15,561 | P5,718.24 | P14,499.00 | P5,906.88 | P14,971.6 |
| CASH | ||||||||
| Five-pay | 6,136 | 15,800 | 6,346 | 16,321 | 6,315.60 | 16,071.00 | 6,525.20 | 16,596.00 |
Other modes of payment are disclosed in the registration papers filed with the Securities and Exchange Commission.
According to the papers presented, the following persons appear to be the officers/directors of the corporation:
Name | Position |
| Valentin S. Daez | Chairman/President |
| Virginia L. Ong | Senior Executive Vice-President |
| Leah M. Laxamana | Senior Vice-President-Comptroller |
| Lawrence Aguirre | Director |
| Catherine Hernandez | Director |
| Cesar S. Paguio | Director |
| Ramon E. Montano | Director |
| Eduardo S. Rodriguez | Independent Director |
| Ma. Amelita C. Villarosa | Director |
| Edgar C. Galvante | Independent Director |
| Joel Raymond R. Ayson | Corporate Secretary |
Said registration statement and other documents attached thereto are open to inspection by interested parties during business...
