Security Bank Corporation
PSE Circular for Brokers No. 1537-98 • Philippine Stock Exchange • Circulars for Brokers • Jul 6, 1998
Full text
July 6, 1998 PSE CIRCULAR FOR BROKERS NO. 1537-98 SUBJECT : Security Bank Corporation Further to Circular No. 1146-98 dated May 27, 1998 pertaining to Security Bank Corporation's ("SECB") increase in its authorized capital stock from P4.5 billion to P6 billion, as approved by the stockholders in their Annual Meeting held on May 26, 1998, SECB confirmed to the Exchange that said increase was approved by the Board of Directors on the same date. Furthermore, during the Annual Meeting, the 13.75% stock dividend declared by the Board of Directors on April 28, 1998, as previously disclosed in Circular No. 845-98, which will be used to satisfy the subscription and payment required by law in respect of the capital increase, was likewise approved by the stockholders. For your information. (SGD.) REYNOLD P. ONG Vice-President, Listings and Disclosure Group
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