PSE Circular for Brokers No. 2662-99

October 18, 1999 PSE CIRCULAR FOR BROKERS NO. 2662-99 SECURITIES AND EXCHANGE COMMISSION SEC FORM 11-C CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA) AND RSA RULE 11(a)-l(b)(3) THEREUNDER 1. October 18, 1999 Date of Report (Date of earliest event reported) 2. SEC Reg. No. 184044 3. BIR TIN: 000-775-860 4. JG SUMMIT HOLDING, INC. Exact name of registrant as specified in its charter 5. Metro manila, Philippines 6. Industry Classification Code: (Province, country or other jurisdiction of incorporation) 7. 29/F Galleria Corporate Center, EDSA cor. Ortigas Ave., Quezon City, Metro Manila (Address of principal office) 8. 633-7631 to 40 (Tel. No. ) 9. NA (Former name or former address, if changed since last report) 10. Securities registered pursuant to Sections 4 and 8 of the RSA Number of Shares of Title of Each Class Common Stock Outstanding Common 6,180,265,185 11. Item 9 - Other Events (b) Events not called for by force. JG Summit Holdings, Inc. ("JG") is please to announced that its wholly-owned subsidiaries, Consolidated Robina Capital Corporation ("CRCC") and Express Holdings, Inc. ("EHI"), and various individual shareholders within its group, have agreed to sell their total of approximately 20% shareholders within in Far East Bank and Trust Company to the buyers Ayala Corporation and BPI Capital Corporation at a purchase price of P82.50 per share. Signature Pursuant to the requirement of the Revised Securities Act, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto authorized. LibLex JG SUMMIT HOLDINGS, INC. (Registrant) (SGD.) EMMANUEL C. ROJAS, JR. Corporate Secretary (Signature and Title)