BSP CIRCULAR LETTER, March 01, 1996
[ BSP CIRCULAR LETTER, March 01, 1996 ]
We advice that the following Central Bank Registration Documents covering foreign investment have been reported lost:
Reg. No.
Investee/Local Firm
Foreign Investor
CBRD (DE)
93-00002 California Manufacturing Co., Inc. CPC International Inc. of USA
93-00003 - do - Ajinomoto Co., Inc. of Japan
Abovementioned registration documents have been cancelled and should not be honored when presented for repatriation of divestment/ sales proceeds and remittance of dividends/profits pursuant to section 40 of CR Circular No. 1389 dated April 13, 1993
Please advise the same to all branches and offices.
Adopted: 1 Mar. 1996
(SGD.) F. ENRICO R. ALFILER Director
Want an analysis of this document?
Ask ASG Legal AI to summarize it, compare it with other rulings, or explain how it applies to your situation — it researches from this same library.