PSE Circular for Brokers No. 2777-98
PSE Circular for Brokers No. 2777-98 • Philippine Stock Exchange • Circulars for Brokers • Dec 17, 1998
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December 17, 1998 PSE CIRCULAR FOR BROKERS NO. 2777-98 PHILIPPINE STOCK EXCHANGE, INC. PSE Centre, Exchange Road Ortigas Centre, Pasig City Attention: Mr . Reynold P . Ong Vice President Listings and Disclosure Group Gentlemen : Please be informed that the Bangko Sentral Ng Pilipinas ("BSP"), in its letter dated December 15, 1998 (which we received on December 16, 1998), has no objection to the 2% cash dividend declared on September 23, 1998 by the Board of Directors of Metropolitan Bank and Trust Company ("Metrobank"). As authorized in the board resolution, we have fixed January 6, 1999 as the record date to determine the common stockholders of Metrobank who will be entitled to the 2% cash dividend. LexLib The cash dividend shall first be applied in payment of any unpaid subscriptions and the excess, if any, to be paid to the stockholders. Payment of the dividend shall be made on or before January 20, 1999. CASH DIVIDEND UPDATE: CASH P2.00 PER SHARE EX-CASH DECEMBER 28, 1998 RECORD DATE JANUARY 6, 1999 DATE PAYABLE ON OR BEFORE JAN. 20, 1999 Very truly yours, (SGD.) ANTONIO S. ABACAN, JR. President
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