^
+ Follow PERMANENT PLANS INC Tag
PERMANENT PLANS INC
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 498510
                    [Title] => Pre-need exec dies in CamSur triathlon
                    [Summary] => 

The Cobra Energy Drink Ironman 70.3 Philippines was marred by the death of one of the participants at the Lago del Rey in the Camarines Sur Watersports Complex (CWC) here yesterday.

[DatePublished] => 2009-08-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096369 [AuthorName] => Joey Villar [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 473536 [Title] => SEC flip-flopping [Summary] =>

Since the onset of the Senate investigation on the pre-need industry, the sole regulator of the industry – the Securities and Exchange Commission – seemed to have wavered on its position on a number of issues presented to it.

[DatePublished] => 2009-06-03 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 473203 [Title] => SEC opposes Permanent Plans' bid for rehabilitation [Summary] =>

MANILA, Philippines – The Securities and Exchange Commission (SEC) has opposed the petition for rehabilitation filed by Permanent Plans Inc. (Permaplans) because of the pre-need firm’s unacceptable alternative payment scheme.

[DatePublished] => 2009-06-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 472940 [Title] => Permanent Plans files petition for rehab [Summary] =>

MANILA, Philippines - Permanent Plans Inc., a pre-need firm owned by the Madrigal-Vazquez family, is hoping to get a new lease on life with the filing of a petition for rehabilitation with the local court.

[DatePublished] => 2009-06-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 245425 [Title] => Permanent Plans trust fund reaches P322-M [Summary] => Permanent Plans Inc. has a trust fund capable of covering maturities for the next five years.

The pre-need company’s trust fund topped P321.8 million in end 2003. Of this amount, liquid assets totaled P194.5 million, enough to cover maturities in the next five years, estimated at P186.4 million.
[DatePublished] => 2004-04-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [5] => Array ( [ArticleID] => 240151 [Title] => 2 groups eye Asian Diamond Plans [Summary] => At least two local groups are eyeing the take over of cash-strapped pre-need firm Asian Diamond Plans following the latter’s failure to conclude a deal with the Singaporean-American firm Sovereign Group.

Miguel Madrigal-Vazquez, head of the Federation of Pre-Need Plan Companies and concurrent president of Permanent Plans Inc., said two local investor groups have signified interest to take over the operations of Asian Diamond, which has been hard pressed to meet the minimum paid-up capital requirement.
[DatePublished] => 2004-02-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 179151 [Title] => Pre-need firms open to familiarization talks with IC [Summary] => The pre-need industry is open to holding familiarization talks with the Insurance Commission (IC) in preparation for the possible transfer of the regulatory functions from the Securities and Exchange Commission (SEC) to the IC.

At present, the SEC is the regulatory body overseeing the development of the pre-need industry. However, there are bills in Congress seeking to transfer such function to the IC, an agency of the Department of Finance (DOF).
[DatePublished] => 2002-10-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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