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Registration/Licensing of P4.0 billion Worth of Pension Plans
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Registration/Licensing of P4.0 billion Worth of Pension Plans
SEC-NTD (Notice and Order)
March 31, 2005
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Securities and Exchange Commission Departments
SEC Non-Traditional Securities and Instruments Department
Corporate
Registration/Licensing of P4.0 billion Worth of Pension Plans
SEC-NTD (Notice and Order)
•March 31, 2005
March 31, 2005NON-TRADITIONAL SECURITIES AND INSTRUMENTS DEPARTMENTIN THE MATTER OF PHILAM PLANS, INC., registrant.REGISTRATION/LICENSING OF P4.0 BILLION WORTH OF PENSION PLANSNOTICE AND ORDERNotice is hereby given that on March 28, 2005 a sworn registration statement was filed with the Securities and Exchange Commission for and on behalf of PHILAM PLANS, INC. for the additional registration and licensing of P4.0 billion worth of PANGARAP pension plans to be sold at the following gross contract prices based on annual installments:Payment TermBasicInsurance Plus(Year)MinimumMaximumMinimum MaximumFive Year 1P4,132.0P5,292.0P4,412.0P5,579.0Seven Year 26,649.05,448.06,823.05,706.0Ten Year 15,010.05,679.05,229.05,834.0 Note: Details by mode of payment are available in the actuarial feasibility study filed with SEC.According to the papers presented, the following persons appear to be the officers/directors of the corporation:NamePosition Jose L. Cuisia Jr.ChairmanJesus G. HofilenaPresident and CEOReynaldo C. CentenoDirectorEdgardo A. GrauDirectorTeresita O. SalongaDirectorAnthony B. SoteloDirectorJosefino R. Sto. DomingoDirectorMa. Fe R. VelascoDirectorJose Marie A. FrancoDirectorManuel L. OrtegaCorporate Secretary Said registration statement and other documents attached thereto are open to inspection by interest parties during business hours, and copies thereof, photostatic or otherwise, shall be furnished to anyone...
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Securities and Exchange Commission Departments
SEC Non-Traditional Securities and Instruments Department
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