PSE Circular for Brokers No. 1030-99
PSE Circular for Brokers No. 1030-99 • Philippine Stock Exchange • Circulars for Brokers • May 11, 1999
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May 11, 1999 PSE CIRCULAR FOR BROKERS NO. 1030-99 May 10, 199 Philippine Stock Exchange PSE Center, Exchange Road Ortigas Center, Pasig City Attention: Ms . Eileen M . Lacorte Ms . Grace de Guia Listing and Disclosure Group Ladies and Gentlemen : We refer to your fax letter which we received at 9:27 a.m. today, requesting for written confirmation/clarification on the news article captioned "Piltel creditors seek firm letter of support from PLDT", published in the May 10, 1999 issue of the Philippine Daily Inquirer. prcd We confirm that discussions on a mutually acceptable rehabilitation plan with the creditors of Pilipino Telephone Corporation ("Piltel") are ongoing. No specific plan has yet been approved requiring a formal announcement. With kindest regards Very truly yours, (SGD.) ENRIQUE D. PEREZ Senior Executive Vice President
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