Basic Consolidated, Inc. Additional Listing
PSE Circular for Brokers No. 138-98 • Philippine Stock Exchange • Circulars for Brokers • Feb 16, 1998
Full text
February 16, 1998 PSE CIRCULAR FOR BROKERS NO. 138-98 SUBJECT : Basic Consolidated, Inc. Additional Listing The Exchange on October 23, 1996 approved the listing application of BASIC CONSOLIDATED, INC. to list additional 50,000,000,000 common shares with a par value of P0.01 per share to cover the Company's 1:2 pre-emptive rights offering at an offer price of P0.01 per share to stockholders of record as of November 8, 1996. Further to Company Notice No. 1885 dated September 19, 1997, the par value of the Company has increased from P0.01 to P1.00 per share. Thus the number of shares for listing is adjusted from 50,000,000,000 common shares to 500,000,000 common shares to reflect the new par value. In view thereof, the listing of the 500,000,000 common shares is set for February 24, 1998. For your information and guidance. (SGD.) MARIA ISABEL T. GARCIA Head, Listing and Disclosures Group
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