PNOC Exploration Corp. on March 9 announced the resignation of Jacinto V. Paras and Leonides Theresa B. Plaza as board members.

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METRO Pacific Investments Corp. has announced the resignation of Eduardo S. Go as director of AB Capital and Investment Corp. and Vicsal Investment Inc. in view of a recent Securities and Exchange Commission ruling that barred directors of companies engaged in securities dealership and brokerage from being elected as independent directors of publicly listed companies.

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THE BOARD of Philippine National Bank has approved the appointment of Eugene S. Acevedo as president and CEO of the bank effective after the annual stockholders? meeting on May 25.

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THE BOARD of Chemrez Technologies Inc. has elected Filemon T. Berba Jr. as the company?s independent director and member of the audit and nomination committees effective March 9. Also appointed were Dean A. Lao Jr. as managing director and Kristine Ann C. Catindig as compliance officer and corporate information officer.

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NATIONAL Reinsurance Corporation of the Philippines has announced the resignation of Josefina Valera as member of the board of directors and as member of the following board committees: investment and budget committee and IT special board committee.

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TRANS-ASIA Oil and Energy Development Corp. will hold its annual stockholders? meeting on March 24 at 2:30 p.m. at the New World Hotel Manila, Makati Avenue, Makati City. Stockholders of record as of Feb. 23 will be entitled to notice of, and to vote at, the said meeting.

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A. SORIANO Corp. will hold its annual stockholders? meeting on April 21 at 10 a.m. at the Manila Peninsula Hotel in Makati City. The record date for the said meeting is March 18. Compiled by Schatzi Quodala, Inquirer Research