PSE Circular for Brokers No. 2338-98
PSE Circular for Brokers No. 2338-98 • Philippine Stock Exchange • Circulars for Brokers • Oct 12, 1998
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October 12, 1998 PSE CIRCULAR FOR BROKERS NO. 2338-98 October 9, 1998 Money Market Operations Department Securities & Exchange Commission SEC Bldg., EDSA, Mandaluyong City Attention: Ms . Linda Daoang Director Philippine Stock Exchange, Inc. Disclosure Department Listing and Disclosure Group 4/F PSE Centre, Exchange Rd. Ortigas Commercial Complex, Pasig City Attention: Mr . Reynaldo P . Ong Vice President Gentlemen : Please take note that at a meeting held today at 12:00 nn the Board of Directors of Southeast Asia Cement Holdings, Inc. (the "Corporation") approved the subscription of Lafarge S.A. and Calumboyan Properties, Inc. to 988,000,000 Common Shares of the Corporation with a total par value of P988,000,000.00 to come from the unissued portion of the Corporation's authorized capital stock as fresh and additional capital, to be fully paid in cash, subject to the relevant favorable action of the Securities and Exchange Commission and the Philippine Stock Exchange. cdll Very truly yours, (SGD.) YUN WOO CHOO Senior Vice President
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