FEBTC Stock Rights Offering — Tranche 4
PSE Circular for Brokers No. 1814-98 • Philippine Stock Exchange • Circulars for Brokers • Aug 3, 1998
Full text
August 3, 1998 PSE CIRCULAR FOR BROKERS NO. 1814-98 July 31, 1998 PHILIPPINE STOCK EXCHANGE, INC. Disclosure Department Listing and Disclosure Group 4/F, PSE Center Exchange Road, Ortigas Centre Pasig City Attention: Mr . Reynold P . Ong Vice President RE : FEBTC Stock Rights Offering Tranche 4 Gentlemen : We refer to your Board of Governors' approval to change the offer price of Far East Bank and Trust Company's (the "FEBTC" or the "Bank") Stock Rights Offering Tranche 4 on the basis that the amended offer price shall be lower than the original offer price. cdpr Please be advised that the Executive Committee of FEBTC by the authority given by the Bank's Board of Directors has approved an Offer Price of P40.00 per share payable on August 21, 1998. This information is being given pursuant to the disclosure rules of the Philippine Stock Exchange. Very truly yours, (SGD.) ANGELA L. ORTEGA-CORTEZ
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