Reportorial Requirements for Public Corporations

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SEC MEMORANDUM CIRCULAR NO. 5, S. 2005: Reportorial Requirements for Public Corporations

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Title Source: Supreme Court: Reportorial Requirements for Public Corporations

Law: Sec Memorandum Circular No. 5, S. 2005

Decision Date: Sep 19, 2005

Corporations with assets over P50 million, at least 200 stockholders, and each holding a minimum of 100 shares must notify the Commission of their status and include this information in their audited financial statements starting in 2006.

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