Thank you.
PSE Circular for Brokers No. 1704-99 • Philippine Stock Exchange • Circulars for Brokers • Jul 12, 1999
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July 12, 1999 PSE CIRCULAR FOR BROKERS NO. 1704-99 MS. GRACE B. DE GUIA Assistant Manager, Disclosure Dept. Philippine Stock Exchange Listing & Disclosure Group Exchange Road, Ortigas Centre Pasig City, Metro Manila Dear Ms. De Guia : In reply to your fax transmission anent plans of Manila Banking Corp. to list its shares on the stock market through a "back-door listing", and using Apex Mining Co. Inc. as vehicle for the purpose, has no factual and legal basis. Accordingly, any unofficial information coming from "reliable sources" is a fabrication and should not be given even a scant consideration whatsoever. We shall advise the Exchange of any material information that may have a bearing in the price of Apex stock as we are obliged under the rules of the Exchange. Thank you. Very truly yours, (SGD.) CLARENCE D. GUERRERO Assistant Corporate Secretary
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