Corporate Restructuring of Prime Gaming Philippines, Inc.
PSE Circular for Brokers No. 1205-98 • Philippine Stock Exchange • Circulars for Brokers • Jun 1, 1998
Full text
June 1, 1998 PSE CIRCULAR FOR BROKERS NO. 1205-98 28 May 1998 PHILIPPINE STOCK EXCHANGE 4/F Philippine Stock Exchange Center Exchange Road, Ortigas Center Pasig City, Metro Manila Attention: Disclosure Department Listings and Disclosure Group RE : Corporate Restructuring of Prime Gaming Philippines, Inc . Gentlemen : Prime Gaming Philippines, Inc. ("Prime Gaming") is pleased to apprise that its corporate restructuring which involved the acquisition of 100% equity interest in Philippine Gaming Management Corporation ("PGMC") by an exchange of common shares of stock has been completed. PGMC is the exclusive lessor of the lottery equipment and accessories in the Luzon Island for the Philippine Charity Sweepstakes Office. The additional common share of stock of Prime Gaming issued pursuant to and in order to implement the share exchange were listed and quoted in the Exchange on 28 May 1998. Very truly yours, (SGD.) JOSE A. BERNAS Corporate Secretary
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