PSE Circular for Brokers No. 1092-99
PSE Circular for Brokers No. 1092-99 • Philippine Stock Exchange • Circulars for Brokers • May 14, 1999
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May 14, 1999 PSE CIRCULAR FOR BROKERS NO. 1092-99 May 12, 1999 SECURITIES & EXCHANGE COMMISSION SEC Building, EDSA Mandaluyong City TELEFAX NO. 727-5103 Attention: MONEY MARKET & OPNS DEPT . PHILIPPINE STOCK EXCHANGE Tektite Tower Ortigas Center Pasig City FAX NO. 636-0809 Attention: MONITORING DEPARTMENT Gentlemen : We wish to inform you that the Board Executive Committee of the corporation has approved and adopted the Plan of Merger of ALL ASIA CAPITAL AND TRUST CORP. (AACTC) with ALL ASIA PROPERTIES CORP. (AAPC), ALL ASIA ALABANG PROPERTIES CORPORATION (AAAPC), ALL ASIA CEBU PROPERTIES CORPORATION (AACPC) and ALL ASIA CAPITAL-CEPALCO PROPERTIES CORPORATION (ACCPC) with the former as the surviving corporation and the latter as the absorbed corporations. Chemical Ind. Of the Phils., Inc. (CIP) is the owner/holder of 24,852,766 AACTC shares of stock and 639,414 shares of stock in All Asia Properties Corporation. As a result of the merger, CIP's total AACTC's shares increased to 25,617,665. cdpr Thank you. Very truly yours, (SGD.) ROLANDO P. NAVARRO VP-Legal Services
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