PSE Circular for Brokers No. 1074-99
PSE Circular for Brokers No. 1074-99 • Philippine Stock Exchange • Circulars for Brokers • May 13, 1999
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May 13, 1999 PSE CIRCULAR FOR BROKERS NO. 1074-99 SECURITIES AND EXCHANGE COMMISSION SEC FORM 11-C CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA) AND RSA RULE 11(a)-1(b)(3) THEREUNDER 1. Date of Report: May 11, 1999 2. SEC Identification Number: 179 3. BIR Tax Identification No. 049-4-000-488-051 4. Exact name of registrant as specified in its charter: PHILIPPINE RACING CLUB, INC. 5. Province, country or other jurisdiction of incorporation: PHILIPPINES 6. Industry Classification Code:(SEC Use Only): 7. Address of principal office: A. P. REYES AVE., CITY OF MAKATI 8. Registrant's telephone number, including area code: 890-40-15 to 890-40-20 9. Former name or former address, if changed since last report: NA 10. Securities registered pursuant to Sections 4 and 8 of the RSA Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding CAPITAL STOCK, P 1. PAR VALUE 487,074,957 SHARES 11. Indicate the item numbers reported herein: Item No. 9 Item 1. Changes in Control of Registrant None Item 2. Acquisition or Disposition of Assets None Item 3. Changes in Registrant's Certifying Accountant None Item 4. Resignation, Removal or Election of Registrant's Directors or Officers None Item 5. Legal Proceedings None Item 6. Changes in Securities None Item 7. Defaults Upon Senior Securities None Item 8. Change in Fiscal Year None Item 9. Other Events Sometime during the first week of May 1999, the Company entered into a Construction Agreement with Sta. Lucia Realty & Development Corporation for the construction of Phase 1 of the company's racetrack, adjacent stable lots and ancillary facilities, situated in Naic, Cavite for contract price of P140,000,000.00. The agreement was signed by the Company's Chairman of the Board, Santiago Cua and Vicente R. Santos, Executive Vice-President of Sta. Lucia Realty & Development Corporation. Item 10. Financial Statements and Exhibits None SIGNATURES Pursuant to the requirements of the Revised Securities Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. (SGD.)JESULITO A. MANALO Corporate Secretary of the Registrant
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