PSE Circular for Brokers No. 3163-99

December 10, 1999 PSE CIRCULAR FOR BROKERS NO. 3163-99 SECURITIES AND EXCHANGE COMMISSION SEC FORM 11 CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA) AND RSA RULE 11 (a)-1(b)(3) THEREUNDER 1. December 9,1999 Date of Report (Date of earliest event reported) 2. SEC Identification Number AS094-008360 3. BIR Tax Identification No. 003-944-030 4. Exact Name of registrant as specified in its charter Uniwide Holdings, Inc. 5. Philippines Province, country or other jurisdiction of incorporation or organization 6. (SEC Use Only) Industry Classification Code: 7. 90 E. Rodriguez Jr. Avenue, Bo. Ugong Norte, Libis, Quezon City 1200 Address of principal office Postal Code 8. (632) 635-2603 or 633-5952 to 60 loc. 761 Registrant's telephone number, including area code 9. Not applicable Former address 10. Securities registered pursuant to Sections 4 and 8 of the RSA Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding Common Stock, P1.00 2,548,109,762 11. Indicate the item numbers reported herein: Item 9 Item 9. Other Events This is to inform the Exchange that an Order dated 8 December 1999 has been issued extending the effectivity of the Uniwide Group of Companies' suspension Order for another sixty (60) days or until February 7, 2000 and that the creditors' meeting set on 9 December 1999 has been postponed and shall be scheduled soon. prcd A copy of the order is attached for your reference. SEC CASE NO. 06-99-6340 UNIWIDE SALES, INC., et al. Petitioners. TO: SANTIAGO & SANTIAGO Counsel for the Petitioners Ground Floor, Ortigas Building Ortigas Avenue, Pasig City INTERIM RECEIVER UNIWIDE SALES GROUP OF COMPANIES 90 E. Rodriguez, Jr. Ave., Barangay Ugong Norte, Libis, Quezon City GENTLEMEN: Transmitted to you herewith is a copy of the ORDER of the Hearing based in the above-entitled case dated December 8, 1999. Please acknowledge receipt thereof. City of Mandaluyong, Philippines December 8, 1999 (SGD.) NATIVIDAD P. QUERIJERO Attorney V Docket and Process Division Securities Investigation and Clearing Department SEC CASE NO. 06-99-6340 IN THE MATTER OF: PETITION FOR SUSPENSION OF PAYMENT, FORMATION AND APPOINTMENT OF REHABILITATION RECEIVER/COMMITTEE AND APPROVAL OF REHABILITATION PLAN. UNIWIDE SALES, INC., et al., Petitioners. ORDER In a motion dated 2 December 1999, the petitioner manifested that in order to have the Interim Receivership Committee an ample time to study and assess the viability of the Rehabilitation Plan as well as the comments of the creditors and so as not to render nugatory or ineffectual the implementation of the said plan, the petitioners move for the extension of the effectivity of the Suspension Order for another sixty (60) days. prcd Likewise, the Interim Receivership Committee, in a letter dated December 6, 1999, signed by its Chairman, manifested the positive result on the infusion of the new equity into the retail business of the petitioners which may significantly affect the Rehabilitation Plan and may require amendment thereof. For this reason, the Interim Receivership Committee is joining the motion of the petitioners and also seeks the postponement of the December 9, 1999 previously set creditors' meeting. WHEREFORE, finding the motion/request to be meritorious, the effectivity of the suspension Order is hereby extended for another sixty days or until the 7th day of February, 2000 and that the creditors' meeting set on December 9, 1999 is hereby postponed. Accordingly, all claims against the petitioners remain suspended as indeed the Commission would also need enough time to study the plan after its consideration by the creditors and that the creditors' meeting shall be scheduled soon. The counsel for the petitioners is hereby directed to furnish with a copy of this Order to the creditors. SO ORDERED. City of Mandaluyong, Philippines cdll December 8, 1999 (SGD.) PERFECTO R. YASAY, JR. Chairman (SGD.) ENRIQUE L. FLORES, JR. Hearing Officer MANOLITO S. SOLBER Hearing Officer SIGNATURES Pursuant to the requirements of the Revised Securities Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. cdlex UNIWIDE HOLDINGS, INC. Registrant (SGD.) SUSANA O. LIGERALDE Comptroller