Benpres Holdings CorporationIncrease in Authorized Capital Stock
PSE Circular for Brokers No. 192-98 • Philippine Stock Exchange • Circulars for Brokers • Feb 24, 1998
Full text
February 24, 1998 PSE CIRCULAR FOR BROKERS NO. 192-98 SUBJECT : Benpres Holdings Corporation Increase in Authorized Capital Stock Benpres Holdings Corporation (the "Corporation") informed the Exchange, in a letter dated February 19, 1998, that the Securities and Exchange Commission approved on January 20, 1998 its application for increase in authorized capital stock from P4,000,000,000.00, divided into 4,000,000,000 shares with a par value of P1.00 per share, to P5,500,000,000.00, divided into 5,500,000,000 shares with a par value of P1.00 per share. The SEC has also issued an Order dated February 18, 1998 approving the Registration Statement for the registration of 1,306,805,756 common shares of the Corporation and the corresponding Certificate of Permit to Offer Securities for Sale. For your information. (SGD.) MA. ISABEL T. GARCIA Head, Listing and Disclosures Group
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.