Plan to Acquire Chowking
PSE Circular for Brokers No. 2253-99 • Philippine Stock Exchange • Circulars for Brokers • Sep 9, 1999
Full text
September 9, 1999 PSE CIRCULAR FOR BROKERS NO. 2253-99 September 9, 1999 PHILIPPINE STOCK EXCHANGE, INC . Listing and Disclosure Group Philippine Stock Exchange Centre Exchange Road, Ortigas Center Pasig City Sir: SUBJECT : Plan to Acquire Chowking We submit the following to clarify the news article on the subject in the September 9, 1999 issue of the Philippine Daily Inquirer. cdlex First, we are interested in acquiring Chowking subject to the following: 1) Agreement of the major owners to sell; 2) Agreement of the major owners and Jollibee on the terms; and 3) Approval by the regulators. Second, there is no timetable set for the completion of the process. Respectfully Yours, (SGD.) RUFINO L. DELA ROSA Vice-President, Finance
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