PSE Circular for Brokers No. 1250-99

May 31, 1999 PSE CIRCULAR FOR BROKERS NO. 1250-99 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. May 28, 1999 Date of report 2. SEC Identification Number AS093-7946 3. BIR Tax Identification Number 040-003-831-302 4. Alliance Global, Inc. Exact name of Registrant as specified in its charter 5. Metro Manila Province, country or other jurisdiction of incorporation or organization 6. (SEC use only) Industry classification code 7. 2nd Floor, Alliance Global Bldg., Eastwood Avenue cor. #188 E. Rodriguez, Jr. Avenue (C-5 Road), Bagumbayam, Quezon City, Metro Manila Address of principal office 8. 439-76-08 to 11 Registrant's telephone number, including area code 9. Securities registered pursuant to Section 4 and 8 of the Revised Securities Act: Title of Each Class Number of Shares of Stock Outstanding Common 336,100,000 10. Indicate the item number/s reported herein: Item 9(b) Other Events The Board of Directors of the Registered approved today, May 28, 1999, the proposed amendment of Article FIRST of the Amended Articles of Incorporation changing the present corporate name of Registrant to Alliance Global Holdings, Inc .; the proposed amendment of Article SECOND of the same Amended Articles of Incorporation converting the Registrant into primarily a holding company and likewise to engage in manufacturing, trading, real estate development, hotel operations, and in the development, research, manufacture, marketing and distribution of technology and all technology derived products and /or services; the proposed amendment of Article VII, PAR, 5 of the Amended By-Laws of Registrant changing the present schedule of its annual stockholders meeting to the fourth Friday of June of each year; and, the proposed conveyance of the Registrant's glass container manufacturing plant to a subsidiary company to be subsequently formed. All of these proposed amendments as well as he proposed conveyance shall be presented for approval by the stockholders at the annual stockholders at the annual stockholders meeting on July 9, 1999. SIGNATURE 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. Alliance Global, Inc. by: (SGD.) DINA D.R. INTING Corporate Information Officer