PSE Circular for Brokers No. 1393-99

June 15, 1999 PSE CIRCULAR FOR BROKERS NO. 1393-99 June 14, 1999 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 14, 1999 Date of Report 2. SEC Reg. No. 184044 3. BIR TIN: 350-000-775-860 4. JG SUMMIT HOLDINGS, INC. (Exact name of registrant as specified in its charter) 5. Metro Manila, Philippines (Province, country or other jurisdiction of incorporation) 6. Industry Classification Code 7. 29/F Galleria Corporate Center, EDSA cor. Ortigas Ave., Quezon City, Metro Manila (Address of principal office) 8. 633-7631 to 40 (Tel. No.) 9. NA (Former name or former address, if changed since last report) 10. Securities registered pursuant to Sections 4 and 8 of the RSA Number of Shares of Title of Each Class Common Stock Outstanding Common 6,180,265,185 JG SUMMIT HOLDINGS, INC. 11. Items 4 Resignation, Removal or Election of Registrant's Directors or Officers On June 7, 1999, the Board of Directors of JG Summit Holdings, Inc. (the "Corporation") accepted the resignation of Mr. Rafael B. Buenaventura as director of the Corporation effective June 30, 1999 relative to his appointment as Governor of the Bangko Sentral ng Pilipinas. SIGNATURES 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. JG SUMMIT HOLDINGS, INC. (Registrant) (SGD.) EMMANUEL C. ROJAS, JR. Corporate Secretary