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PSE Circular for Brokers No. 2379-98

PSE Circular for Brokers No. 2379-98 • Philippine Stock Exchange • Circulars for Brokers • Oct 16, 1998

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October 16, 1998 PSE CIRCULAR FOR BROKERS NO. 2379-98 October 15, 1998 Disclosure Department Listings and Disclosure Group 4/F Philippine Stock Exchange Centre PSE Center, Exchange Road Ortigas Center, Pasig City FAX No. 634-2051/634-5113 Attention: Mr . Reynold P . Ong Vice-President, Listings & Disclosure Group Gentlemen : Please be informed that the Board of Directors of Bacnotan Consolidated Industries, Inc. agreed to submit for shareholders approval in the forthcoming annual meeting on November 19, 1998 the renewal of the Management Contract with Philippine Investment-Management Consultants (PHINMA), Inc. for a period of five years from the start of the current fiscal year. Very truly yours, (SGD.) JUAN J. DIAZ Corporate Secretary

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