Request for Comments on the Proposed Guidelines on the Conversion of an Ordinary Stock Corporation into One Person Corporation

March 15, 2019SEC NOTICETO:All Interested Parties   SUBJECT:Request for Comments on the Proposed Guidelines on the Conversion of an Ordinary Stock Corporation into One Person Corporation (OPC) Pursuant to Section 179 of Republic Act No. 11232, otherwise known as the Revised Corporation Code, the Securities and Exchange Commission intends to issue Guidelines on the Conversion of an Ordinary Stock Corporation into a One Person Corporation (OPC). Hence, the Commission is inviting all interested parties, market participants and the investing public to submit their views, comments and inputs to the proposed guidelines.Commenters may submit, not later than 29 March 2019, their views, comments and inputs electronically to Assistant Director Sampaguita R. Ladrido, through email address: [email protected].The following documents are attached for guidance and reference: (1) draft SEC Memorandum Circular; (2) Sample Form of Notice to Change Nominee/Alternate Nominee of the OPC; (3) Form for Appointment of Officers. CAIHTEATTACHMENTSDRAFTSEC MEMORANDUM CIRCULAR NO. ____Series of 2019TO:ALL CONCERNED   SUBJECT:GUIDELINES ON THE CONVERSION OF AN ORDINARY STOCK CORPORATION INTO A ONE PERSON CORPORATION (OPC) In view of the effectivity of...