PSE Circular for Brokers No. 2096-98
PSE Circular for Brokers No. 2096-98 • Philippine Stock Exchange • Circulars for Brokers • Sep 8, 1998
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September 8, 1998 PSE CIRCULAR FOR BROKERS NO. 2096-98 Listings and Disclosure Group Philippine Stock Exchange, Inc . PSE Center, Exchange Road Ortigas Center, Pasig City Metro Manila Fax. No. 638-0809 Attention: Mr . Reynold P . Ong Vice President, Listings and Disclosure Group RE : PICOP Resources, Inc . Gentlemen : This responds to your fax letter today requesting a written confirmation/clarification of the news article appearing in the September 8, 1998 issue of the Manila Times where it is reported that PICOP Resources, Inc. (PCP) has signed a long term power-supply contract with the state-run National Power Corporation (NAPOCOR) worth P1 billion. LLjur Please be advised that contrary to the said news report, PCP has not entered into a long term power-supply agreement with NAPOCOR. Please be advised further that PCP does not own Newtech Pulp or Globe Paper Mills. These companies are not subsidiaries of PCP. Very truly yours, Picop Resources, Inc. (SGD.) EDGARDO G. BALOIS Corporate Secretary Picop Resources, Inc . Tel . No . 810-0281 to 89 Fax No . 819-1498
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