Cebu Landmasters to Pay PHP1 Million Fine

MT Newswires Live

2025/04/22

Cebu Landmasters' (PSE:CLI) was slapped with a penalty of 1 million Philippine pesos by the Philippines Securities and Exchange Commission (SEC) due to reclassification issues in its financial statements.

The SEC penalized the company following a review of the company's financials related to its securities registration application, according to a Tuesday Philippines Exchange filing.

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