PSE Circular for Brokers No. 2712-98
PSE Circular for Brokers No. 2712-98 • Philippine Stock Exchange • Circulars for Brokers • Dec 4, 1998
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December 4, 1998 PSE CIRCULAR FOR BROKERS NO. 2712-98 December 3, 1998 DISCLOSURE DEPARTMENT Listings and Disclosure Group Philippine Stock Exchange, Inc. 4/F Philippine Stock Exchange Centre Exchange Road, Ortigas Center Pasig City, Metro Manila RE : Private Placement Gentlemen : Please be advised that Belle Corporation today placed 100 Million common shares each to Eastern Securities & Development Corporation, Wealth Securities, Inc. and Dominion Equities, Inc., or a total of 300 Million shares at a price of P2.50 per share which is 7% or P0.16 higher than today's closing price of P2.34. These shares will be issued upon obtaining all necessary regulatory approvals and permits. Thank you for your kind attention. Very truly yours, (SGD.) A. BAYANI K. TAN Corporate Secretary
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