PCC Public Advisory

 

System Maintenance Advisory: MAO E-Notification System

Please be advised that the MAO E-Notification System will undergo scheduled maintenance to implement system enhancements from 01 April to 06 April 2026. During this period, the system will be temporarily unavailable.

The last day for electronic submissions through the MAO E-Notification System will be on 31 March 2026 (5:00 PM).

If there are submissions due during the scheduled maintenance period, all concerned parties are advised to ensure the early submission of the necessary documents prior to the maintenance dates.

The enhanced MAO E-Notification System will resume normal operations on Tuesday, 07 April 2026.

For any questions or concerns, please contact the Mergers and Acquisitions Office via email at mergers@phcc.gov.ph or by telephone at +632 8771 9722 local 252.

Please be guided accordingly.

 

 

 

Advisory: LMS Rebranding to PCC eCLASS

In line with its rebranding efforts, PCC's Learning Management System (LMS), previously known as iCLP: Online Learning Hub on Competition Law and Policy, will now be called PCC eCLASS: Enhanced Competition Learning Activities Spaces.

Correspondingly, the platform’s domain name will be changed from iclp.phcc.gov.ph to eclass.phcc.gov.ph.

Please be advised that the LMS will be temporarily unavailable from March 27, 2026 (5:00 PM) to March 31, 2026 (11:59 PM) to facilitate this transition.

Beginning April 1, 2026, users may access PCC’s online courses through the new domain.

 

 

 

PCC Advisory: Trunkline Service Interruption

 

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/ Commission Decision No. 17-M-014/2020: Proposed Acquisition by Bank of Ayudhya Public Company Limited of Shares in SB Finance Company, Inc.

Commission Decision No. 17-M-014/2020:
Proposed Acquisition by Bank of Ayudhya Public Company Limited of Shares in SB Finance Company, Inc.

ABSTRACT
 
The transaction involves the proposed acquisition by Bank of Ayudhya Public Company Limited (Bank of Ayudha) of 7,075,000 common shares of the capital stock of SB Finance Company, Inc (SB Finance) which in turn represents 50% of the total issued and outstanding capital stock of SBF.
 
Acquiring entity, Bank of Ayudhya, is a banking corporation existing and duly constituted under the laws of the Kingdom of Thailand. Its ultimate parent entity is Mitsubishi UFJ Financial Group, Inc. (MUFG), a Japanese banking corporation whose presence in the Philippines is through MUFG Bank Limited in Manila and through Acom Consumer Finance Corporation. The latter is considered MUFG’s consumer loan arm, through which it offers the unsecured personal loans.
On the other hand, SB Finance Company, Inc. (SB Finance) is a subsidiary of Security Bank Corporation (SBC) that mainly offers consumer loans in the Philippines. Security Bank stands as the registered and beneficial owners of a total of 14,085,302 common shares with a par value of Php100.00 per share representing approximately 99.54% of the total issued and outstanding common capital stock of SB Finance.
 
1676610108_PCC_CDN_17-M-014-2020_Ayudhya-SB-Finance.pdf

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