Plan To Form A New Holding Firm
PSE Circular for Brokers No. 246-00 • Philippine Stock Exchange • Circulars for Brokers • Feb 2, 2000
Full text
February 2, 2000 PSE CIRCULAR FOR BROKERS NO. 246-00 February 2, 2000 The Philippine Stock Exchange, Inc . 4 Floor, Philippine Stock Exchange Center Exchange Road, Ortigas Center, Pasig City Attention : Grace B . De Guia RE : Plan To Form A New Holding Firm Gentlemen: Further to our letter dated 01 February 2000 regarding the above-captioned matter, please be informed that BW Resources Corporation ("BWRC") is not involved in any negotiations or plan between Dante T. Tan, Dr. Stanley Ho and Savoy Group of New Zealand to form a new holding firm However, negotiations have been initiated between Dr. Stanley Ho, Dante T. Tan, Savoy Group of New Zealand and BWRC. These negotiations are aimed at exploring the aforementioned holding firm owned by Dr. Stanley Ho, Dante T. Tan, Savoy Group to provide financial resources, expertise, and network access to support and enhance the operations and expansion plans of BW Resources Corporation. Very truly yours, BW RESOURCES CORPORATION By: (SGD.) JOSE SALVADOR M. RIVERA, JR. Corporate Secretary
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