PSE Circular for Brokers No. 3087-99
PSE Circular for Brokers No. 3087-99 • Philippine Stock Exchange • Circulars for Brokers • Dec 6, 1999
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December 6, 1999 PSE CIRCULAR FOR BROKERS NO. 3087-99 December 3, 1999 PHILIPPINE STOCK EXCHANGE, INC. 4th Floor Philippine Stock Exchange Centre Exchange Road, Ortigas Center, Pasig City Attention: Ms . Ma . Isabel T . Garcia Officer in Charge-Listing and Disclosure Group Dear Ms. Garcia: In connection with City & Land Developers, Inc.'s (CLDI) initial public offering, we would like to inform you that the CITYLAND DEVELOPMENT CORPORATION, the selling shareholder, received the proceeds from the sale of the shares today. The funds are temporarily placed in the money market. We shall inform the Philippine Stock Exchange, Inc. if and when the company shall utilize the money in any transactions related to its business. Thank you. LexLib Very truly yours, (SGD.) RUFINA C. BUENSUCESO Senior Vice President
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