Far East Bank & Trust Company Extension on the payment date of Tranche 4 of its 1:4 Pre-Emptive Rights Offering
PSE Circular for Brokers No. 1326-98 • Philippine Stock Exchange • Circulars for Brokers • Jun 16, 1998
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June 16, 1998 PSE CIRCULAR FOR BROKERS NO. 1326-98 SUBJECT : Far East Bank & Trust Company Extension on the payment date of Tranche 4 of its 1:4 Pre-Emptive Rights Offering Further to Stock Rights Notice No. 56 dated December 17, 1997, Far East Bank & Trust Co. (the "Company") informed the Exchange, in its letter dated June 15, 1998, that it is further extending the payment date of its Pre-Emptive Rights Offering, to wit: "Please be informed that in view of the prevailing uncertainties in the financial markets, Far East Bank and Trust Company has extended further the payment date for the Tranche 4 stock rights due on 24 June 1998 until further notice when the financial markets shall have become more certain. Corollary to the deferment of the payment date is the waiver of the fifteen percent (15%) interest during the period of deferment." Please be guided accordingly. (SGD.) REYNOLD P. ONG Vice President, Listings & Disclosure Group
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