PSE Circular for Brokers No. 2747-99
PSE Circular for Brokers No. 2747-99 • Philippine Stock Exchange • Circulars for Brokers • Oct 27, 1999
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October 27, 1999 PSE CIRCULAR FOR BROKERS NO. 2747-99 October 25, 1999 DISCLOSURE DEPARTMENT PHILIPPINE STOCK EXCHANGE, INC . Philippine Stock Exchange Center Exchange Road, Ortigas Center, Pasig City Attention: Ms . Luis W . Buenaventura Assistant Manager - Corporate Disclosure Dept . MADAME: This refers to your facsimile dated October 25, 1999 requesting for clarification/confirmation on the news article which appeared in the October 23, 1999 issue of the Philippine Daily Inquirer, entitled "URBAN, PANASIA BANK MERGE - TAN WILLING TO SELL ALLIED BANK''. Please be advised that there is no final merger agreement yet between Urban Bank and Panasia Bank. Rest assured that we will advise you immediately of merger or acquisition plans as soon as these are concretized and subsequently approved by the Board of Directors. We trust that you will find the foregoing in order. Very truly yours, (SGD.) JUSTINA F. CALLANGAN Assistant Corporate Secretary (SGD.) JUAN ANTONIO R. LOPEZ Assistant Manager
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