PSE Circular for Brokers No. 3175-99
PSE Circular for Brokers No. 3175-99 • Philippine Stock Exchange • Circulars for Brokers • Dec 13, 1999
Full text
December 13, 1999 PSE CIRCULAR FOR BROKERS NO. 3175-99 PHILIPPINE STOCK EXCHANGE Exchange Road, Ortigas Center Pasig City Attention: Grace B . De Guia Asst . Manager, Disclosure Department Gentlemen: In response to your Fax Message of December 13, 1999 directing the Company to clarify or confirm a news article that appeared in today's issue of Business World entitled "Market to keep watch for Santa Claus arrival", please be advised that there is no basis for the report that Macario Te, one of our major stockholders, has invested over P1 billion to acquire a controlling stake in Baguio Gold, a company with an authorized capital stock of P200 million. Very truly yours, (SGD.) BENJAMIN M. BITANGA President
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.