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The Securities and Exchange Commission (SEC) has warned the public against investing in online platform Kito-Kiko Variety Shop/ Kito-Kiko Incorp., as it is engaged in illegal investment-taking activities. Based on reports that it gathered, SEC said the company, owned by Rexcel Rose Cernero Sison, claims to be a general merchandise…
JAPANESE gaming tycoon Kazuo Okada has lost control over the country’s largest hotel-casino, the Okada Manila Resort in Parañaque, after the Supreme lifted the status quo ante order (SQAO) it issued in April 2022 which he used as basis to regain ownership of Tiger Resort Leisure and Entertainment Inc. (TRLEI),…
JAPANESE gaming tycoon Kazuo Okada has lost control over the country’s largest hotel-casino, the Okada Manila Resort in Parañaque, after the Supreme lifted the status quo ante order (SQAO) it issued in April 2022 which he used as basis for regaining ownership of Tiger Resort Leisure and Entertainment, Inc. (TRLEI), the company…
The Securities and Exchange Commission (SEC) has again extended the deadline for the filing of amnesty applications until the end of 2023, giving non-compliant and suspended or revoked corporations another chance to avail of lower fines and penalties. The agency on November 3 issued SEC Memorandum Circular No. 20, Series…
THE Securities and Exchange Commission (SEC) said on Tuesday that noncompliant and inactive corporations are at risk of being placed under delinquent status and having their registrations revoked.