PSE Circular for Brokers No. 3167-99

December 13, 1999 PSE CIRCULAR FOR BROKERS NO. 3167-99 SECURITIES AND EXCHANGE COMMISSION SEC Form 11-C/A (Amended) 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) 2. SEC Reg. No. 184044 3. BIR TIN: 000-775-860 4. JG SUMMIT HOLDINGS, INC. (Exact name of registrant as specified in its charter) 5. Metro Manila, Philippines (Province, country or other jurisdiction of incorporation) 6. Industry Classification Code: _____ 7. 29/F Galleria Corporate Center, EDSA cor. Ortigas Ave., Quezon City, Metro Manila (Address of principal office) 8. 633-7631 to 40 (Tel. No.) 9. NA (Former name or former address, if changed since last report) 10. Securities registered pursuant to Sections 4 and 8 of the RSA: Title of Each Class Number of Shares of Common Stock Outstanding Common 6,180,265,185 11. Item 9 Other Events (b) Events not called for by form. With reference to the SEC Form 11-C filed by JG Summit Holdings, Inc. (the "Company") with the SEC and PSE on October 18, 1999 with respect to the sale of the approximately 20% shareholdings in Far East Bank & Trust Co. by the Company's wholly-owned subsidiaries, Consolidated Robina Capital Corporation and Express Holdings, Inc., and various individual shareholders within its group to the buyers Ayala Corporation and BPI Capital Corporation at a purchase price of P82.50 per share, this is to provide you the following information on the said sale: LexLib Name of Seller No. of Shares Disposed Equity Interest Consolidated Robina Capital Corporation 112,008,912 18.86% Express Holdings, Inc. 1,673,800 0.28% 113,682,712 19.14% ========= The balance of the shares to account for the approximately 20% shareholdings disposed were sold by various individual shareholders within the Company's group. 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. JG SUMMIT HOLDINGS, INC. (Registrant) (SGD.) EMMANUEL C. ROJAS, JR. Corporate Secretary