PSE Circular for Brokers No. 1878-98
PSE Circular for Brokers No. 1878-98 • Philippine Stock Exchange • Circulars for Brokers • Aug 12, 1998
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August 12, 1998 PSE CIRCULAR FOR BROKERS NO. 1878-98 August 11, 1998 Philippine Stock Exchange, Inc. Disclosure Department Listings and Disclosure Group 4/F PSE Center, Exchange Road Ortigas Center, Pasig City Attention: Mr . Reynold P . Ong Vice President Dear Sirs: In compliance with Article 1 of the PSE By-Laws, we are pleased to disclose herewith the results of Prudential Bank's Special Stockholders' Meeting held on August 11, 1998, at 4:00 p.m.: 1. The stockholders approved the increase in capitalization of Prudential Bank from 5,750,000 shares to 11,500,000 shares with par value at P100.00 per share of P575,000,000.00 to P1,150,000,000.00; LexLib 2. The stockholders further approved the declaration of 39% stock dividends to common shareholders. The record date is yet to be fixed by the Securities & Exchange Commission. We hope that this will meet your requirements and please be assured of our cooperation at all times. Very truly yours, (SGD.) OCTAVIO D. FULE Vice President and Corporate Secretary
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