PSE Circular for Brokers No. 2707-98
PSE Circular for Brokers No. 2707-98 • Philippine Stock Exchange • Circulars for Brokers • Dec 4, 1998
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December 4, 1998 PSE CIRCULAR FOR BROKERS NO. 2707-98 December 3, 1998 PHILIPPINE STOCK EXCHANGE, INC. PSE Center, Exchange Road Ortigas Center, Pasig City Attention: Ms . Luisa Buenaventura Supervisor, Disclosure Department Ms . Raquel R . Angeles Assistant, Disclosure Department Gentlemen : Thank you for your fax message dated 1 December 1998 regarding your request for a written confirmation/clarification of the news article captioned "FELI allots P1.5B for horsetrack" that appeared in the 1 December 1998 issue of the Journal. cd Please be informed that Fil-Estate Land, Inc. ("LND") has no involvement in the said proposed horse racing venture. It is Fil-Estate Management, Inc. ("FEMI"), the non-listed parent company of LND and a member of the Fil-Estate Group of Companies, that is involved in the said venture. Thus, the said news article was erroneously captioned by the Journal. We trust that the foregoing clarifies the matter. Happy Holidays! Sincerely, (SGD.) ROBERTO S. ROCO Chief Financial Officer
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