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PSE Circular for Brokers No. 2787-99

PSE Circular for Brokers No. 2787-99 • Philippine Stock Exchange • Circulars for Brokers • Oct 29, 1999

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October 29, 1999 PSE CIRCULAR FOR BROKERS NO. 2787-99 SECURITIES & EXCHANGE COMMISSION SEC Building, EDSA Mandaluyong City TELEFAX NO.: 72-5103 Attention: Money Market Opns. Department SUB : SEC Registration No. 42020 (LMG) Philippine Stock Exchange Tektite Tower, Ortigas Center Pasig City FAX NO. 636-0809 Attention: Monitoring Department Gentlemen: The LMG Chemicals Corp. - Organic Division based in Batangas has filed a notice of Strike due to an impasse in the CBA negotiations basically on compensation issue. Management and the Union have been holding continuous meetings with the aim of coming up with an acceptable solution to the labor dispute. We will keep you posted of developments. Very truly yours, (SGD.) ROLANDO P. NAVARRO Vice-President

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