PSE Circular for Brokers No. 1602-98

July 13, 1998 PSE CIRCULAR FOR BROKERS NO. 1602-98 July 8, 1998 SECURITIES AND EXCHANGE COMMISSION 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. July 6, 1998 Date of Report (Date of earliest event reported) 2. SEC Identification No. 1687316 3. BIR Identification No. 000-586-363 4. Exact name of registrant as specified in the charter EasyCall Communications Philippines, Inc. 5. Philippines Province, Country or other jurisdiction of incorporation or organization 6. (SEC Use Only) Industry Classification Code 7. 418 Arayat St. cor. Libertad St. Mandaluyong City _______ Address of principal office Postal Code 8. (632) 533-5107 Registrants telephone number, including area code 9. Not applicable 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 Common Stock Title of Each Class Outstanding and Amount of Debt Outstanding Common Shares/Warrants Exempt from registration under Section 6 (11) of the Revised Securities Act and confirmed by SEC in January 15, 1992 Securities listed in the Stock Exchange Common Shares 57,600,000 11. Indicate the item numbers reported herein: _______________ Item 1. Changes in Control of Registrant Not applicable Item 2. Acquisition or Disposition of Assets Not applicable Item 3. Changes in Registrant's Certifying Not applicable Item 4. Resignation, Removal or Election of Registrant's Directors or Officers Mr. Fong Heng Boo tendered his resignation as Director of the Company. Pursuant to the Board of Directors meeting held on July 6, 1998, the Board of Directors resolved to accept Mr. Fong Heng Boo's resignation. The Board also elected Mr. Neil Peckham as Director of the Company, vice Mr. Fong Heng Boo, to act as such for the unexpired term of Mr. Fong and until his successor has been elected and qualified. Item 5. Legal Proceedings Not applicable Item 6. Changes in Securities Not applicable Item 7. Defaults Upon Senior Securities Not applicable Item 8. Change in Fiscal Year Not applicable Item 9. Other Events Not applicable Item 10. Financial Statements and Exhibits Not applicable 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. cdll (SGD.) CYNTHIA ROXAS-DEL CASTILLO Corporate Secretary