PSE Circular for Brokers No. 2012-98
PSE Circular for Brokers No. 2012-98 • Philippine Stock Exchange • Circulars for Brokers • Aug 31, 1998
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August 31, 1998 PSE CIRCULAR FOR BROKERS NO. 2012-98 August 28, 1998 PHILIPPINE STOCK EXCHANGE PSE, Centre, Ortigas Center Mandaluyong, Pasig City Attention: Mr . Reynold Ong/VP Listing and Disclosure Group Gentlemen : Please be informed that during the Board of Directors meeting of Union Bank of the Philippines ("UBP") held on August 28, 1998, the Board approved the amendment of the terms and conditions of the 1987 approved stock rights offering application of UBP in terms of the number of shares for pre-emptive rights offering which shall be reduced from P2 Billion to P1,540,200,720.00, which is the subscribed portion for the First Round Offering. Said Board approval shall be subject to Philippine Stock Exchange ("PSE") approval. llcd For your information. Very truly yours, (SGD.) FE B. MACALINO Corporate Secretary First Vice President and General Counsel
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