The Securities and Exchange Commission (SEC) has started an investigation into the alleged sell-off of PLDT Inc. shares prior to its disclosure of P48 billion in “budget overruns.” In a statement, the SEC said it is closely monitoring issues that have arisen from the recent disclosures of PLDT regar
THE Securities and Exchange Commission on Monday said it is “closely monitoring” issues that have arisen from the recent disclosures of PLDT Inc. regarding what the company described as “budget overruns” totaling P48 billion over the last four years. “In this light, the SEC has immediately commenced an inquiry into the…
The Securities and Exchange Commission plans to revise the procedures for the filing of amendments and petitions falling under the jurisdiction of the SEC’s Company Registration and Monitoring Department.