PSE Circular for Brokers No. 2827-99
PSE Circular for Brokers No. 2827-99 • Philippine Stock Exchange • Circulars for Brokers • Nov 8, 1999
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November 8, 1999 PSE CIRCULAR FOR BROKERS NO. 2827-99 November 5, 1999 PHILIPPINE STOCK EXCHANGE Listings and Disclosure Group Philippine Stock Exchange Center Exchange Road, Ortigas Center Pasig City Attention: Luisa W . Buenaventura Supervisor, Disclosure Dept. Gentlemen: In reference to your request for confirmation on the various news articles on the Jollibee Foods Corporation (JFC) buy out of Chowking Foods Corporation (CFC), we wish to clarify that JFC has reached an agreement in principle with the major shareholders of Chowking Foods Corporation for a merger. The parties are currently finalizing the documentation to embody this agreement in principle. Very truly yours, (SGD.) RUFINO L. DELA ROSA Vice-President, Finance
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