Sime Darby Pilipinas, Inc.
PSE Circular for Brokers No. 1943-98 • Philippine Stock Exchange • Circulars for Brokers • Aug 21, 1998
Full text
August 21, 1998 PSE CIRCULAR FOR BROKERS NO. 1943-98 SUBJECT : Sime Darby Pilipinas, Inc. Pursuant to the request made by Sime Darby Pilipinas, Inc. ("SDP") in its letter of 20 August 1998, the trading of the shares of SDP shall be suspended today, 21 August 1998. Trading of shares of SDP shall resume on Monday, 24 August 1998. The request for suspension was made by SDP in view of the scheduled Board of Directors Meeting in the morning of 21 August 1998 at which the directors "will be called to decide on one or more significant proposals which may be considered by investors and the Company's shareholders as material". According to SDP, the suspension must be made "in the interest of enabling all market participants to have an equal opportunity to receive material information, consider it and understand its true impact." It was further emphasized that the request is intended to solely facilitate the proper dissemination of information. SDP undertakes to make appropriate disclosures immediately upon the adjournment of the meeting of its Board of Directors. cdll (SGD.) REYNOLD P. ONG Vice-President, Listing and Disclosure Group
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