PSE Circular for Brokers No. 1446-99

June 21, 1999 PSE CIRCULAR FOR BROKERS NO. 1446-99 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. 17 June 1999 Date of Report (Date of earliest event reported) 2. SEC Identification Number 169930 3. BIR Tax Identification No.: 321-000-126-047 4. KUOK PHILIPPINE PROPERTIES, INC. Exact name of registrant as specified in its charter 5. Philippines Province, country or other jurisdiction of incorporation or organization 6. (SEC Use Only) Industry Classification Code 7. 9th Floor, Salustiana D. Ty Tower, 104 Paseo de Roxas corner Perea Street, Legaspi Village, Makati City 1200 Address of principal office Postal Code 8. (632) 814-8800 Registrant's telephone number, including area code 9. The Registrant has not changed its name, principal address or fiscal year since its last report to this Honorable Commission Former name, former address, and former fiscal year, 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 Stock P1.00 par value 3,841,854,596 11. Indicate the item numbers reported herein. During the Annual Stockholders' Meeting of the Registrant held on 17 June 1999, the following transpired: LLpr ITEM 4 . The following were elected as member of the Registrant's Board of Directors for the year 1999-2000 and until their successors are duly elected and qualified: Chye Kuok Khoon Ho Wilfred Uytengsu, Sr. Thaddeus T. Beczak Alfredo C. Ramos Fernando L. Gaspar Antonio O. Cojuangco Johnny O. Cobankiat Edward Kuok Khoon Loong George L. Go ITEM 9 . Amendment of Articles of Incorporation and By-Laws Stockholders of the Registrant representing at least two-thirds (2/3) of the Registrant's outstanding capital stock passed and approved confirmation resolutions to approve and ratify the resolutions passed and approved by the Registrant's Stockholders during its annual stockholders' meeting held on 17 June 1999 pertaining to the Amendment of Articles of Incorporation to increase the Registrant's authorized capital stock from P3.9 Billion to maximum of P10 Billion. Appointment of External Auditors The accounting firm SYCIP GORRES VELAYO & CO. was appointed as the Registrant's independent auditors for the year 1999-2000. Election of Officers During the Organizational Meeting of the Board of Directors of the Registrant held on 17 June 1999, the following officers were elected as Officers of the Registrant for the year 1999-2000 to serve as such for one (1) year and until their successors are duly elected and qualified. Mr. Chye Kuok Khoon Ho Chairman Mr. Thaddeus T. Beczak Vice Chairman Mr. Fernando L. Gaspar President Mr. Vicente P. Formoso Treasurer Mr. Federico G. Noel, Jr. Corporate Secretary 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. Cdphil KUOK PHILIPPINE PROPERTIES, INC. Registrant (SGD.) FEDERICO G. NOEL, JR. Corporate Secretary