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                    [ArticleID] => 386911
                    [Title] => SEC probes firm for possible price manipulation
                    [Summary] => 



The Securities and Exchange Commission (SEC) is investigating GeoGrace Resources Philippines Inc. for possible price manipulation in view of the steep rise in the company’s share price in the past weeks.


Geograce shares have appreciated by more than 150 percent since the start of the year. Geograce closed at P1.82 Friday, 13.75 percent higher than the previous close of P1.60 each share.


                    [DatePublished] => 2007-02-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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SEC probes firm for possible price manipulation

By Zinnia B. Dela Peña | February 26, 2007 - 12:00am

The Securities and Exchange Commission (SEC) is investigating GeoGrace Resources Philippines Inc. for possible price manipulation in view of the steep rise in the company’s...

Business