PSE Circular for Brokers No. 1742-99
PSE Circular for Brokers No. 1742-99 • Philippine Stock Exchange • Circulars for Brokers • Jul 15, 1999
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July 15, 1999 PSE CIRCULAR FOR BROKERS NO. 1742-99 July 14, 1999 THE PHILIPPINE STOCK EXCHANGE, INC. PSE Centre Ortigas Center Pasig City Attention: Ms . Grace B . Guia Asst . Manager, Disclosure Department Dear Ms. De Guia : This disclosure is made pursuant to the persistent rumors on possible merger of Union Bank of the Philippines ("UnionBank") with any bank. We herein quoted the following statement relative thereto: "The majority shareholders of UnionBank remain steadfastly committed to UnionBank and its long-term value-creation prospects and are not interested in disposing or diluting its interest in UnionBank." cdlex Please disseminate to the Exchange Members. Thank you. Very truly yours, (SGD.) FE B. MACALINO First Vice President/ General Counsel and Corporate Secretary
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