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[Title] => SEC says CAP has enough assets to cover debts
[Summary] => The Securities and Exchange Commission (SEC) said yesterday that pre-need industry leader College Assurance Plan Philippines Inc. (CAP) has enough assets to cover its maturing obligations and that it is doing everything it can to further strengthen its trust fund.
SEC Chairman Lilia R. Bautista said CAPs real estate properties and Metro Rail Transit (MRT) bonds are sufficient to settle its liabilities.
[DatePublished] => 2004-07-06 00:00:00
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[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
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[Title] => SEC says CAP has enough assets to cover debts
[Summary] => The Securities and Exchange Commission (SEC) said yesterday that pre-need industry leader College Assurance Plan Philippines Inc. (CAP) has enough assets to cover its maturing obligations and that it is doing everything it can to further strengthen its trust fund.
SEC Chairman Lilia R. Bautista said CAPs real estate properties and Metro Rail Transit (MRT) bonds are sufficient to settle its liabilities.
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abtest
By Zinnia B. Dela Peña | July 6, 2004 - 12:00am
Recommended
Retired Supreme Court justice Adolfo Azcuna believes that 16 is still the magic number to convict Vice President Sara Duterte in her impeachment trial that begins in July.
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Vice President Sara Duterte celebrated Father’s Day yesterday by visiting families hit by the powerful earthquake in the towns of Sarangani and Jose Abad Santos in Davao Occidental.
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Government infrastructure spending plunged again in April, falling 51.7 percent year-on-year, as the Department of Public Works and Highways continues to face delayed budget execution, unfinished projects and stringent payment validations.
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A mock “executive order” directing the president to rest, avoid stressful meetings and enjoy dessert.
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Despite the issues raised against him, Sen. Francis Escudero should be given the chance to serve as presiding officer in the impeachment trial of Vice President Sara Duterte as he, being a lawyer, has “a sense of what is procedurally correct and what is procedurally incorrect,” according to a UP College of Law associate dean.
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