PSE Circular for Brokers No. 2320-98
PSE Circular for Brokers No. 2320-98 • Philippine Stock Exchange • Circulars for Brokers • Oct 7, 1998
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October 7, 1998 PSE CIRCULAR FOR BROKERS NO. 2320-98 October 6, 1998 Disclosure Department Philippine Stock Exchange PSE Center, Exchange Road Ortigas Center, Pasig City The refers to your facsimile letter of October 06, 1998 requesting for a confirmation regarding a news article captioned " Wet-lease pact with Cathay terminated ", which was published in the October 6, 1998 issue of the Philippine Star. Hereunder, please find our response: aisadc PNB Holdings Corporation has served notice of termination of the wet-lease agreements on October 05, 1998 to Cathay Pacific Airways Limited (CPA, Ltd . ) and Hongkong Dragon Airlines Limited (HDA, Ltd . ) to take effect after the last flights of both airlines on October 07, 1998 . This notice of termination was acknowledged and confirmed by HDA, Ltd. And CPA, Ltd ." Thank you. Very truly yours, (SGD.) REMEDIOS MONTECASTRO-LIM Corporate Secretary
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