PSE Circular for Brokers No. 3109-99
PSE Circular for Brokers No. 3109-99 • Philippine Stock Exchange • Circulars for Brokers • Dec 7, 1999
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December 7, 1999 PSE CIRCULAR FOR BROKERS NO. 3109-99 06 December 1999 PHILIPPINE STOCK EXCHANGE Disclosure Department Listing & Disclosure Group Tektite Towers, Exchange Road Ortigas Center, Pasig City Attention: Ms . Grace de Guia Assistant Manager Gentlemen: Please be informed that the Board of Directors of South China Resources, Inc., at its special meeting just adjourned, has approved the additional investment of the Company's funds in the telecommunications business by subscribing up to an additional 3,000,000 shares of the unissued capital stock of Bell Telecommunication Philippines, Inc. at a par value of P100 00 each, and paying up to 50% thereof amounting to P150,000,000.00. llcd Yours faithfully, (SGD.) DAVID R BALADAD Corporate Information Officer
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