PSE Circular for Brokers No. 3037-99
PSE Circular for Brokers No. 3037-99 • Philippine Stock Exchange • Circulars for Brokers • Nov 29, 1999
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November 29, 1999 PSE CIRCULAR FOR BROKERS NO. 3037-99 THE PHILIPPINE STOCK EXCHANGE PSE Center, Exchange Road Ortigas Center, Pasig City Attention: Ms . Grace B . De Guia Assistant Manager Disclosure Department Gentlemen: Please be informed that at today's Board of Directors' Meeting of the Allied Banking Corporation, at which a quorum existed, the following incidents transpired: 1. Mr. Lucio C. Tan resigned as Chairman and director of the Bank 2. Mr. Willy S. Co was elected Chairman vice Mr. Lucio C. Tan cdll 3. Mr. Harry C. Tan was elected director of the Bank 4. The Board approved the increase in the authorized capital stock of the Bank to FIFTY BILLION PESOS (P50,000,000,000.00) and endorsed the same for the approval of the Stockholders 5. The Board approved the amendment of Article V, Sec. 5 and Sec. 7 of the By-Laws llcd (SGD.) POMPEYO S. TIU Corporate Secretary
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