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Converge accepts resignation of Atty. Francis Lim from its Board, following appointment as SEC Chairman

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Atty. Francis Ed. Lim was appointed to the Board of Directors of Converge in June 2020. Converge ICT Solutions Inc. (PSE: CNVRG) has announced the acceptance of the resignation of Atty. Francis Ed. Lim on 9 June 2025 from its Board of Directors following his appointment as Securities and Exchange Commission (SEC) Chairman by His Excellency, President Ferdinand R. Marcos Jr. Converge Chairman Jose de Jesus thanked Lim for his invaluable contribution to the company since he joined the Board at the height of the pandemic in 2020. “We are truly grateful to Director Francis for his steadfast guidance to the organization in the past five years. His wealth of experience in commercial and corporate law served us well in strengthening our organizational structure and putting in place the necessary guard rails for good governance, particularly during our early days as a publicly-listed company,” said de Jesus. Converge President and Co-Founder Maria Grace Uy noted that Atty. Lim was also instrum...

Spotting Investment Scams: BDO Foundation and the SEC Guide Filipinos

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Check with SEC . The video not only identifies red flags of investment scams but also encourages viewers to check with the SEC before sealing an investment deal. Investment scams are becoming increasingly sophisticated, making it harder to distinguish genuine opportunities from fraudulent ones.  The adage "if it sounds too good to be true, it probably is" remains crucial, but discerning legitimate investments requires vigilance. This is where the BDO Foundation and the Securities and Exchange Commission (SEC) step in to help Filipinos navigate the complex world of investing safely.  This is a challenge the Securities and Exchange Commission (SEC) and BDO Foundation are trying to address through a partnership project. The two organizations recently released two entertaining and educational investor protection videos titled “Check with SEC” and “Legit Investments? It’s a Date.” The short videos reveal potential investment red flags, teach viewers what questions to ask and how t...