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SEC approves the application for confirmation of the valuation of shares of Kareila Management Corporation

In May 28, 2012, the Securities and Exchange Commission (SEC) approved the application of Puregold Price Club, Inc. (PGOLD) for the confirmation of the valuation of the 1,703,125 common shares in Kareila Management Corporation owned by Lucio L. Co, Susan P. Co, Ferdinand Vincent P. Co, Pamela Justine P. Co and Anthony G. Sy (collectively, the "Co Family") to be received by PGOLD in exchange for issuing a total of 766,406,250 common shares of PGOLD to the Co Family.
The approval of application is subject to the conditions set forth in the guidelines covering corporations using shares of stocks as paid-up capital which was adopted by the SEC on November 15, 1994. - https://www.affordablecebu.com/
 

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"SEC approves the application for confirmation of the valuation of shares of Kareila Management Corporation" was written by Mary under the Business category. It has been read 2875 times and generated 0 comments. The article was created on and updated on 30 May 2012.
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