PSE Circular for Brokers No. 2532-98

November 5, 1998 PSE CIRCULAR FOR BROKERS NO. 2532-98 NOTICE OF REGULAR ANNUAL STOCKHOLDERS' MEETING TO ALL STOCKHOLDERS : NOTICE IS HEREBY GIVEN that the 1998 annual meeting of the stockholders of ASIA AMALGAMATED HOLDINGS CORPORATION will be held on Friday, November 6, 1998 at 3 : 00 P . M . at Club Filipino, Greenhills, San Juan, Metro Manila with the following: AGENDA 1. Call to order 2. Certification of notice and quorum 3. Approval of minutes of the annual meeting of the stockholders on May 30, 1997. 4. Report of the Chairman of the Board 5. Approval of the 1997 audited financial statements 6. General ratification of the acts of the Board of Directors and the management from the date of the last annual stockholders' meeting up to the date of this meeting. 7. Amendment of Article Sixth of the Articles of Incorporation of the Corporation in order to increase the number of the members of the Board of Directors from five (5) to seven (7) in compliance with the requirement of the Philippine Stock Exchange. 8. Election of directors for 1998-1999 9. Appointment of external auditors 10. Other matters 11. Adjournment. Only stockholders as of October 16, 1998 are entitled to notice of and to vote at such meeting. The stock and transfer books of the Corporation will be closed from October 16, 1998 to November 6, 1998, inclusive. In accordance with Article II of the Amended By-laws, proxies should be submitted to the Corporate Secretary at least two (2) days prior to the date of the stockholders' meeting. Corporate stockholders are requested to attach to the proxy instrument, their respective Board resolution vis-a-vis the authority of the proxies. LLjur For your convenience in registering your attendance, please have available some form of identification, such as Company I.D., Passport or Driver's license. Registration starts at 1:00 p.m. and closes at exactly 3:00 p.m. October 21, 1998, Makati City. FOR THE BOARD OF DIRECTORS (SGD.) RODERICK R.C. SALAZAR III Corporate Secretary