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PSE Circular for Brokers No. 2879-99

PSE Circular for Brokers No. 2879-99 • Philippine Stock Exchange • Circulars for Brokers • Nov 12, 1999

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November 12, 1999 PSE CIRCULAR FOR BROKERS NO. 2879-99 November 11, 1999 Ms. Grace B. de Guia Assistant Manager Listings and Disclosure Group 4th Floor, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig City Dear Ms. de Guia: This refers to your facsimile today requesting for a written clarification/confirmation on the news article captioned "Uniwide rejects RCBC buy offer" published in today's issue of the Business World. We would like to inform the Exchange that Uniwide Sales Warehouse Club, Inc. (USWCI) received a bid proposal from the House of Investments. USWCI did not accept the said proposal for the reason that it was not in consonance with the objectives of the rehabilitation plan. cdll Hope you will find the above in order. Very truly yours, (SGD.) SUSAN O. LIGERALDE Investor Relations Manager

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