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PSE Circular for Brokers No. 1824-99

PSE Circular for Brokers No. 1824-99 • Philippine Stock Exchange • Circulars for Brokers • Jul 23, 1999

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July 23, 1999 PSE CIRCULAR FOR BROKERS NO. 1824-99 July 22, 1999 Ms. Grace B. de Guia Asst. Manager, Disclosure Dept. The Philippine Stock Exchange Centre, Exchange Road, Ortigas Center Pasig City Dear Ms. de Guia : This is with reference to your facsimile today requesting us for a clarification on the news article entitled "Banks slam Uniwide's debt relief plea" published in the July 22, 1999 issue of the Manila Standard. We would like to confirm that there is a motion to dismiss the Uniwide Group of Companies' petition for suspension of payment. In response, our lawyers shall be filing comments/oppositions to said motion to refute the allegations therein. We hope you will find the above in order. Very truly yours, (SGD.) SUSAN O. LIGERALDE Investor Relations Manager

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