PSE Circular for Brokers No. 2343-99
PSE Circular for Brokers No. 2343-99 • Philippine Stock Exchange • Circulars for Brokers • Sep 17, 1999
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September 17, 1999 PSE CIRCULAR FOR BROKERS NO. 2343-99 PHILIPPINE STOCK EXCHANGE, INC. Exchange Road, Ortigas Center Pasig City Attention: Ms . Grace B . De Guia Asst . Manager , Disclosure Department Gentlemen : This is in response to your letter concerning an article that came out in today's issue of Malaya. LexLib In compliance with your disclosure requirements, please be advised that MRC Allied Industries, Inc. is an operating company with assets close to P3 billion, and as such it cannot be considered a candidate for backdoor listing as a shell company. As we are refocusing our business from real estate development into information technology, there have been exploratory discussions with numerous groups who have expressed interest in investing in the company. prcd Very truly yours, (SGD.) LAUREANO N. SIY Managing Director
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