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PSE Circular for Brokers No. 1786-99

PSE Circular for Brokers No. 1786-99 • Philippine Stock Exchange • Circulars for Brokers • Jul 20, 1999

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July 20, 1999 PSE CIRCULAR FOR BROKERS NO. 1786-99 July 19, 1999 PHILIPPINE STOCK EXCHANGE BUILDING Philippine Stock Exchange Center Ortigas Center, Pasig City Attention: Mr . Reynaldo P . Ong VP-Listing and Disclosure Group Atty . Ruben L . Almadro VP-Compliance and Surveillance Group Gentlemen : Please be advised that at a special meeting of the Board of Directors of Cebu Property Ventures & Development Corporation (CPVDC) held today, July 19, 1999, the Board approved the payment of cash dividend of P0.10 per share on August 15, 1999 to all stockholders of record as of July 30, 1999 out of the Corporation's unrestricted retained earnings for 1998. Please be guided accordingly. Cash Dividend Cash Div. P0.10/Share Ex-cash July 26, 1999 R/D July 30, 1999 D/P Aug. 15, 1999 Very truly yours, (SGD.) MA. CYNTHIA H. POBLADOR Corporate Information Officer

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