PSE Circular for Brokers No. 1635-98
PSE Circular for Brokers No. 1635-98 • Philippine Stock Exchange • Circulars for Brokers • Jul 16, 1998
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July 16, 1998 PSE CIRCULAR FOR BROKERS NO. 1635-98 July 15, 1998 PHILIPPINE STOCK EXCHANGE Disclosure Department Listings & Disclosure Group 4th Floor, Phil. Stock Exchange Centre Ortigas Center, Pasig City Gentlemen : We reply to your request for clarification/confirmation on the news article captioned "SMC plans $1-B rights offer" published in the July 14, 1998 issue of the Philippine Daily Inquirer. cdll Please be informed that the news article is speculative. There is no such plan presently being considered. When a rights offering is decided as a corporate action, the requisite disclosure will be made in accordance with law. Very truly yours, (SGD.) FRANCIS H. JARDELEZA Senior Vice-President , General Counsel & Assistant Corporate Secretary
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