Press Statement
PSE Circular for Brokers No. 1550-98 • Philippine Stock Exchange • Circulars for Brokers • Jul 7, 1998
Full text
July 7, 1998 PSE CIRCULAR FOR BROKERS NO. 1550-98 PRESS STATEMENT At the special meeting of the Board of Directors of San Miguel Corporation (SMC) held today, July 7, 1998, the resignations of Mr. Andres Soriano III as Chairman and Chief Executive Officer and of Messrs. Eduardo J. Soriano, Roberto R. Romulo, Oscar J. Hilado and Cesar N. Sarino as directors were deliberated on and accepted by the Board. The Board then elected by unanimous vote, Mr. Eduardo M. Cojuangco, Jr. as Chairman of the Board and Chief Executive Officer of SMC. At the same meeting, the Board also elected Mr. Faustino F. Galang as director of SMC.
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