PSE Circular for Brokers No. 2526-99
PSE Circular for Brokers No. 2526-99 • Philippine Stock Exchange • Circulars for Brokers • Oct 6, 1999
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October 6, 1999 PSE CIRCULAR FOR BROKERS NO. 2526-99 October 4, 1999 THE PHILIPPINE STOCK EXCHANGE Philippine Stock Exchange Center Exchange Road, Ortigas Center Pasig City, Metro Manila Attention: Ms . Maria Isabel T . Garcia Head, Listing Group Compliance Monitoring Gentlemen: Please be informed that at the Board meeting held this afternoon, the Board approved the following: revision of the terms of the proposed P1.0 Series "B" Preferred Stock Issue by making their terms identical to the existing Series "A: Preferred Stock Issue: subscription of Metro Pacific Corporation to the entire Series "B" Preferred Stock issue subject to an obligation to sell down the subscribed shares to the existing shareholders in proportion to their shareholdings: At the same meeting the Board accepted the resignation of Atty. Mario E. Ongkiko as Director of PDCP Bank. Very truly yours, (SGD.) ELMER D. NITURA First Vice President Corporate Information Officer
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