Department of Trade and Industry

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    Date: 2023-02-11 23:54:37.479301

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    Date: 2023-02-13 14:26:05.264491

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PARAM CAR RENTAL INVESTMENT

Requested from DTI by J. Bihasa at 11:54 PM on Feb 11, 2023.
Purpose: For verification purposes, and of course we may use it (if ever) in filing of cases
Date of Coverage: 09/10/2021 - 02/11/2023
Tracking no: #DTI-776508136710

Bihasa 11:54 PM, Feb 11, 2023 

Good Day, I would like to ask about the investment program of Param Car Rental under the CEOs, Jun Jun Banal and Catherine D. Banal, 
Here is the scenario, we are at most 80 investors (still counting) who has not receive any profit for months, in my case 8 months. Thus, the lowest amount invested is 100k, the highest is 4M as of now. Here are my questions;
1. Are Param Car Rental, Catherine's Secret, and Param Sounds and Light System registered business? are they licensed?

2. Are the businesses eligible to operate thru co-ownership program or something alike?

Par 02:26 PM, Feb 13, 2023 

Feb 13, 2023

Dear Jovel Kimberly Bihasa,

Thank you for your request dated Feb 11, 2023 11:54:37 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for PARAM CAR RENTAL INVESTMENT.

We received your request on Feb 11, 2023 11:54:37 PM and we have forwarded your request to another agency.

Should you have any questions regarding your request, kindly contact using the reply function on the eFOI portal at http://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEERUSS03NzY1MDgxMzY3MTAM, for request with ticket number #DTI-776508136710.

Thank you.

Respectfully,

Cresenciano Par
FOI Officer

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