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PSE Circular for Brokers No. 1048-99

PSE Circular for Brokers No. 1048-99 • Philippine Stock Exchange • Circulars for Brokers • May 12, 1999

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May 12, 1999 PSE CIRCULAR FOR BROKERS NO. 1048-99 May 10, 1999 PHILIPPINE STOCK EXCHANGE, INC . 4th Floor, Philippine Stock Exchange Center Exchange Road, Ortigas Center, Pasig City Metro Manila Attention: Listing and Disclosure Group Gentlemen : We would like to disclose that at 1:00 a.m., today, May 10, 1999, HCC's labor union started to picket outside the plant premises. However, plant operations are continuing and Management continues to negotiate with the union representatives through the Dept. of Labor and Employment to break the deadlock. LLjur Thank you. Very truly yours, (SGD.) EDUARDO A. SAHAGUN Sr . Vice President-Treasurer

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