PSE Circular for Brokers No. 2145-98
PSE Circular for Brokers No. 2145-98 • Philippine Stock Exchange • Circulars for Brokers • Sep 15, 1998
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September 15, 1998 PSE CIRCULAR FOR BROKERS NO. 2145-98 September 14, 1998 Philippine Stock Exchange, Inc . Disclosure Department Listings & Disclosure Group 4th Floor, Phil. Stock Exchange Centre PSE Center, Exchange Road Ortigas Center, Pasig City Gentlemen : We reply to your request for clarification/verification on the news article captioned "SMC eyes alliances with big brewers" published in the September 15, 1998 issue of the Philippine Daily Inquirer. cdlex We confirm that the Company has started exploratory talks with a number of foreign beer companies for a possible alliance over the Company's offshore beer subsidiaries in China and possibly in the region. The talks are in the early and exploratory stages. No agreements have been reached. Definitive agreements will be disclosed as required by law and regulation. Very truly yours, (SGD.) FRANCIS H. JARDELEZA Senior Vice President-General Counsel and Assistant Corporate Secretary
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