Philippine Stock Exchange
PSE Circular for Brokers No. 028-98 • Philippine Stock Exchange • Circulars for Brokers • Feb 2, 1998
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February 2, 1998 PSE CIRCULAR FOR BROKERS NO. 028-98 PHILIPPINE STOCK EXCHANGE Philippine Stock Exchange Center Exchange Road, Ortigas Center Pasig City Attention : Ms . Isabel T . Garcia Head, Listing Department RE : PICOP Resources, Inc . Gentlemen : In compliance with the Continuing Listing Requirements of the Philippine Stock Exchange and as provided for under Section 36 of the Revised Securities Act, we wish to inform you that TP Holdings, Inc. ("TPHI") has acquired from Far East Cement Corporation a controlling block of shares in PICOP Resources, Inc. ("PRI"). LLjur A major partner in TPHI is the Phimco Group whose tree plantation activities have synergy with PRI and thus, will further support PRI's paper plant operations. Very truly yours, PICOP RESOURCES, INC. By: (SGD.) DAISY L. PARKER Corporate Secretary
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