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PSE Circular for Brokers No. 1654-99

PSE Circular for Brokers No. 1654-99 • Philippine Stock Exchange • Circulars for Brokers • Jul 7, 1999

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July 7, 1999 PSE CIRCULAR FOR BROKERS NO. 1654-99 July 6, 1999 ATTY. RUBEN L. ALMADRO VP-Compliance and Surveillance Group Philippine Stock Exchange Inc. Philippine Stock Exchange Centre Exchange Road, Pasig City Dear Atty. Almadro : Reference to your query on the unusual movement in the trading of Asian Pacific Equity Corporation shares (APEC) today, please be advised that to the best knowledge of the undersigned, there are no information or material transactions that should affect the value and trading of the APEC shares, except perhaps the speculation generated by the election of Mr. Lucio C. Tan as Chairman as reported in most of the daily newspapers today and which we have earlier disclosed to your goodselves. Very truly yours, (SGD.) MA. CECILIA L. PESAYCO Corporate Secretary

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