PSE Circular for Brokers No. 3067-99
PSE Circular for Brokers No. 3067-99 • Philippine Stock Exchange • Circulars for Brokers • Dec 2, 1999
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December 2, 1999 PSE CIRCULAR FOR BROKERS NO. 3067-99 01 December 1999 PHILIPPINE STOCK EXCHANGE Listings and Disclosure Group 4th Floor, PSE Centre Exchange Road, Ortigas Center Pasig City, Metro Manila Attention: Ms . Grace B . de Guia Assistant Manager, Disclosure Department Gentlemen: This refers to your fax message received by us this morning, concerning a news article captioned "Wellex bids for Leyte transmission project" which appeared in the November 30, 1999 issue of Malaya. LibLex We understand that The Wellex Group Inc. (TWGI) and National Grid International Ltd. of the UK have agreed to jointly pursue an unsolicited proposal to the National Power Corporation (Napocor) for the latter's Leyte-Mindanao interconnection project. cdll However, Wellex Industries, Inc. (WIN) is not privy to the terms of the joint-venture arrangement nor with the proposal to the Napocor. LexLib Rest assured that as soon as any Board or corporate action is taken in respect to the matter, the appropriate disclosure will be made to your office. prcd Thank you. cdll Very truly yours, WELLEX INDUSTRIES, INC. By: (SGD.) ARTHUR R. PONSARAN Corporate Secretary
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