PSE Circular for Brokers No. 181-00
PSE Circular for Brokers No. 181-00 • Philippine Stock Exchange • Circulars for Brokers • Jan 26, 2000
Full text
January 26, 2000 PSE CIRCULAR FOR BROKERS NO. 181-00 Disclosure Department Listings and Disclosure Group Philippine Stock Exchange 4th Floor, Philippine Stock Exchange Center, Exchange Road Ortigas Center, Pasig City Attention : Ms . Grace De Guia General Manager, Listings and Disclosure Group RE : Wise Holdings, Inc . Gentlemen: During the special stockholders meeting of the Corporation held today, the stockholders unanimously approved the Board of Directors' recommendation to increase the authorized capital stock of the Corporation from P600 million to P4 billion. LibLex During the discussion it was mentioned that the authorized capital, stock is being increased to accommodate possible investors. In line with this a stockholder proposed that the number of board seats should likewise be increased from eleven (11) to fifteen (15) in order to grant the future investors representation in the Board. After a careful deliberation, the stockholders unanimously approved the proposal to increase the number of directors from eleven (11) to fifteen (15). For your information. Very truly yours, (SGD.) HELEN C. DE LEON-MANZANO Corporate Secretary
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.