PSE Circular for Brokers No. 1349-99

June 9, 1999 PSE CIRCULAR FOR BROKERS NO. 1349-99 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. June 8, 1999 Date of Report 2. SEC Identification Number: AS094-006430 3. BIR Tax Identification Number: 003-942-108 4. EMPIRE EAST LAND HOLDINGS, 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. 21st Floor, The World Centre 330 Sen. Gil J. Puyat Avenue Makati City, Philippines 1227 Address of principal office 8. (632) 867-8351 to 59 Registrant's telephone number, including area code 9. Securities registered pursuant to Sections 4 and 8 of the Revised Securities Act Title of Class No. of Shares Outstanding Common 5,676,530,649 Preferred 1,200,000,000 10. Items 4 and 9 (b). During today's annual stockholders' meeting of Empire East Land Holdings, Inc. (the "Company"), the following were elected directors of the Company for the ensuing fiscal year: Andrew L. Tan, Gerardo C. Garcia, Anthony Charlemagne C. Yu, George T. Yang, Cirilo L. Manlangit, Reynaldo S. Guevara and Enrique Santos L. Sy. In the same meeting, the stockholders approved the following matters: 1. Increase in the Company's authorized capital stock from Ten Billion Pesos to Thirteen Billion Pesos divided into Eleven Billion common shares and Two Billion preferred shares. 2. Amendment to the By-Laws changing the date and time of the annual stockholders' meeting from 1:00 p.m. of the third Friday of April to 8:30 a.m. of the second Tuesday of June of each year. 3. Re-appointment of Punongbayan & Araullo as independent auditors of the Company. SIGNATURE Pursuant to 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. EMPIRE EAST LAND HOLDINGS, INC. By: (SGD.) MA. THERESA CALLANTA-HOADLEY Duly Authorized Signatory