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PSE Circular for Brokers No. 2344-98

PSE Circular for Brokers No. 2344-98 • Philippine Stock Exchange • Circulars for Brokers • Oct 13, 1998

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October 13, 1998 PSE CIRCULAR FOR BROKERS NO. 2344-98 October 12, 1998 Philippine Stock Exchange, Inc. Disclosure Department Listings and Disclosure Group 4/F Philippine Stock Exchange Center PSE Center, Exchange Road Ortigas Center, Pasig City Gentlemen: Disclosure The Board of Directors of RFM Corporation (the "Corporation"), at a special meeting held today, approved the acquisition of shares of stock of Selecta Dairy Products, Inc. through a swap of the Corporation's shares, with SGV & Co. to be engaged as an independent party to fix the evaluation of the said shares of stock. prLL Yours sincerely, (SGD.) CHRISTOPHER L. LIM Corporate Secretary

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