PSE Circular for Brokers No. 085-99
PSE Circular for Brokers No. 085-99 • Philippine Stock Exchange • Circulars for Brokers • Jan 19, 1999
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January 19, 1999 PSE CIRCULAR FOR BROKERS NO. 085-99 January 18, 1999 PHILIPPINE STOCK EXCHANGE, INC. 4/F Philippine Stock Exchange Centre Exchange Road, Ortigas Center Pasig City Attention: Ms . Ma . Isabel T . Garcia Listings & Disclosures Group Gentlemen : Pursuant to your disclosure rules, please be advised that the Company has agreed to acquire from Will Kong Nominees Limited and Mr. Kua Phek Long a total of 15,883,278 common shares of par value of P1.00 each in Belle Bay City Corporation ("BBCC"), in exchange for a total of 16,600,000 new common shares to be issued by the Company from its unissued capital stock to said BBCC shareholders, at a price of P2.20 per share which is today's closing price of Belle shares on the Exchange. cdt Thank you for your kind attention. Very truly yours, (SGD.) A . BAYANI K. TAN Corporate Secretary
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