PSE Circular for Brokers No. 2101-99
PSE Circular for Brokers No. 2101-99 • Philippine Stock Exchange • Circulars for Brokers • Aug 24, 1999
Full text
August 24, 1999 PSE CIRCULAR FOR BROKERS NO. 2101-99 August 23, 1999 MS . GRACE B. DE GUIA Assistant Manager, Disclosure Dept. 4/F Philippine Stock Exchange Centre Exchange Road, Ortigas Center, Pasig City Dear Ms. de Guia : Reference to your fax letter dated 23 August 1999, regarding Allied Banking Corporation acquiring the deposits of Orient Bank and its fifty two (52) branches. Please be informed that Allied Bank bidded and won the bid and absorb the deposits of Orient Bank and then operation of its 52 branches. The assets and liabilities will remain with the PDIC. For your information. (SGD.) POMPEYO S. TIU Corporate Secretary
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.