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SEC fines Villar Land

Manila Bulletin

|

August 22, 2025

Villar Land Holdings Corp. and its directors and officers have welcomed the opportunity to explain their side on the issues raised and will respond to the Securities and Exchange Commission’s (SEC) order in due course.

- BY JAMES A. LOYOLA

This was Villar Land’s response after the SEC fined the company and its officers a total of P12 million after denying the company’s request for an extension to file required financial reports, citing repeated failure to meet deadlines.

The firm said in a statement on Thursday, Aug. 21, that it has received the SEC order, which directed Villar Land and its directors and officers to pay an administrative fine of P12 million in lieu of the suspension of its registration statement and permit to offer and sell securities, and an administrative fine of P2,000 for each day of delay from July 1, 2025, until the submission of Villar Land’s annual report and first-quarter 2025 quarterly report.

FLERE HISTORIER FRA Manila Bulletin

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time to read

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Gov't hits priva target on mine sale

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Marcos, BSP chief expect economic rebound by 2026

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time to read

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