PSE Circular for Brokers No. 2410-98
PSE Circular for Brokers No. 2410-98 • Philippine Stock Exchange • Circulars for Brokers • Oct 21, 1998
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October 21, 1998 PSE CIRCULAR FOR BROKERS NO. 2410-98 October 19, 1998 SECURITIES & EXCHANGE COMMISSION SEC Bldg., EDSA, Greenhills City of Mandaluyong, Metro Manila Attention: Money Market Opns . Dept . PHILIPPINE STOCK EXCHANGE Tektite Towers, Exchange Road Ortigas Centre, Pasig City Metro Manila Attention: Monitoring Department Gentlemen : To prevent incurring further losses, the company has embarked on a right sizing scheme by retrenching 17 plant employees. The said employees were given retrenchment benefits which were above what the law provides. cdll Thank you. Very truly yours, (SGD.) ROLANDO P. NAVARRO Vice President
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