PSE Circular for Brokers No. 032-98
PSE Circular for Brokers No. 032-98 • Philippine Stock Exchange • Circulars for Brokers • Feb 3, 1998
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February 3, 1998 PSE CIRCULAR FOR BROKERS NO. 032-98 Philippine Stock Exchange PSE Centre, Exchange Road Ortigas Center, Pasig, Metro Manila FAX 634-2051 Attention: Ms . Maria Isabel T . Garcia Head, Listing Department Gentlemen : Please be advised that the Department of Energy has approved the transfer by the company to its wholly-owned subsidiary, Forum Exploration, Inc., of the company's interest in Service Contract 40 (North Cebu) and GSEC 92 (Manila Bay). This transfer is in pursuance of the basic corporate thrust approved by the stockholders on September 26, 1997, to concentrate its direct holdings in the airline business while at the same time maintain an active role in the oil and gas exploration and production sector through its wholly-owned subsidiary, Forum Exploration, Inc. aisadc Please be advised of a change of office address and contact numbers of Air Philippines International Corporation and Forum Exploration, Inc. effective February 2, 1998: Address 22nd Floor, Citibank Tower 8741 Paseo de Roxas Makati City Telephone 848-1075 (trunk line) Facsimile 848-1137 Thank you. Yours very truly, AIR PHILIPPINES INTERNATIONAL CORPORATION By: (SGD.) ARTHUR R. PONSARAN Corporate Secretary
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