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PSE Circular for Brokers No. 1563-98

PSE Circular for Brokers No. 1563-98 • Philippine Stock Exchange • Circulars for Brokers • Jul 8, 1998

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July 8, 1998 PSE CIRCULAR FOR BROKERS NO. 1563-98 July 9, 1998 PHILIPPINE STOCK EXCHANGE COMMISSION Philippine Stock Exchange Center Exchange Road, Ortigas Center, Pasig City FAX NO. 636-0809; 637-8811 Attention: Atty . Ruben L . Almadro VP Compliance & Surveillance Dept . Gentlemen : This refers to your letter to Abacus Consolidated Resources and Holdings, Inc. (Abacus) dated July 8, 1998, advance copy of which was received by me today, July 8, 1998 at 11:56 A. M., via fax. In reply thereto, please be advised that the Company (Abacus) is not aware of any material information relating to the unusual movement in the value and trading of Abacus shares on July 8, 1998, resulting in the decrease of ABB (Class B) shares by 40% from P0.6000 to P0.3600 per share. Trusting that the foregoing information will assist you in disseminating this fact to all parties concerned to avoid suspension of the trading of Abacus securities. Thank you. Very truly yours, (SGD.) LEONARDO S. GAYAO Corporate Secretary

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