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PSE Circular for Brokers No. 1731-98

PSE Circular for Brokers No. 1731-98 • Philippine Stock Exchange • Circulars for Brokers • Jul 27, 1998

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July 27, 1998 PSE CIRCULAR FOR BROKERS NO. 1731-98 July 24, 1998 PHILIPPINE STOCK EXCHANGE INC. PSE Center, Exchange Road Ortigas Center, Pasig City Attention: Mr . Ruben L . Almadro Vice-President Compliance & Surveillance Department Gentlemen : We are in receipt of your fax dated 24 July 1998 requesting for disclosure of any material information which may explain for the unusual movement in the trading of Manila Broadcasting Company (MBC) shares today. Please be informed that we are not aware of any material information that may have affected the movement of the prices of MBC shares from P0.30 to P0.45 per share. What we know is that since the last transaction of MBC shares at P0.30 per share, the price of P0.45 has been consistently posted at the PSE Price Index. We trust you will find the explanation sufficient for your purpose. Very truly yours, (SGD.) ATTY. RUDOLPH E. JULARBAL Corporate Secretary

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