PSE Circular for Brokers No. 1990-98
PSE Circular for Brokers No. 1990-98 • Philippine Stock Exchange • Circulars for Brokers • Aug 27, 1998
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August 27, 1998 PSE CIRCULAR FOR BROKERS NO. 1990-98 August 27, 1998 PHILIPPINE STOCK EXCHANGE, INC . DISCLOSURE DEPARTMENT Listings & Disclosure Group Philippine Stock Exchange Center Exchange Road, Pasig City RE : Authority to Acquire Shares of Stock Gentlemen : In our disclosure of 25 August 1998, we stated that the Board of Directors of Cosmos Bottling Corporation authorized the purchase of shares of stocks/securities up to the maximum amount of P1.5 Billion. To clarify, this authority provided the company with the option of investing its excess and unutilized cash in high-yielding but safe fixed income marketable securities. We trust that you will find our clarification in order. Than you. cdll Very truly yours, (SGD.) CRISTINA D. REYES
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