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PSE Circular for Brokers No. 3200-99

PSE Circular for Brokers No. 3200-99 • Philippine Stock Exchange • Circulars for Brokers • Dec 15, 1999

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December 15, 1999 PSE CIRCULAR FOR BROKERS NO. 3200-99 1. December 8, 1999 Date of Report (Date of earliest event reported) 2. SEC Identification Number 12942 3. BIR Identification No. 000-104-320-000 4. ACOJE HOLDINGS, INC. 5. ________________________________ Province, country or other jurisdiction of Industry Classification Code: 6. (SEC Use Only) 7. 4th Floor Vernida I Cond., Amorsolo St., Legaspi Village, Makati __________ Address of principal office Postal Code 8. 632-1053 Registrant's telephone number, including area code 9. ______________________________________________ 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 and Amount of Debt Outstanding COMMON 510,063,298 11. Indicate the item numbers reported herein:_______ Item 2. Acquisition or Disposition The Company acquired all the rights and interests of Premiere Entertainment Productions, Inc. (PEP) on an office condominium unit at the 29th floor of Jollibee Plaza Condominium. In consideration for the foregoing, the Company paid PEP the amount of P2,726,430.08 and assumed PEP's unpaid balance to the property developer amounting to P860,977.92. This unpaid balance shall be paid by the Company in nine equal monthly installments beginning November, 1999. prcd The acquisition represent around 1.07% of the Company's total assets. The liability adjunct to the acquisition would be around 2.51% of the total liabilities of the Company. The acquisition will give rise to a depreciation expense of P717,481.00 per year. The condominium unit will serve as the Company's principal office . ACOJE HOLDINGS, INC. Registrant By: (SGD.) RENITA S. TY Accountant

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