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The Manila Times, June 05, 2008

Cocoplans gets SEC nod to sell additional securities

 


Cocoplans Inc., 4th time awardee for the Most Outstanding Pre-need Plans Provider in the Philippines got the approval of Securities and Exchange Commission (SEC) to sell P350 million worth of additional securities last April. In a certificate of permit issued by the SEC, Cocoplans was given the authority to sell and/or offer for sale the said additional securities covering 25,000 Pension plans. The certificate of permit to sell and the SEC pre-need order number 091 signed by Jose P. Aquino, Acting President for Non-traditional Securities and Instruments Department, certified the registration and licensing of the 25,000 Pension plans worth P350 million under Cocoplans, Inc..

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