PSE Circular for Brokers No. 3213-99
PSE Circular for Brokers No. 3213-99 • Philippine Stock Exchange • Circulars for Brokers • Dec 16, 1999
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December 16, 1999 PSE CIRCULAR FOR BROKERS NO. 3213-99 15 December 1999 THE PHILIPPINE STOCK EXCHANGE, INC. 4/F, Philippine Stock Exchange Centre, Exchange Rd., Ortigas Center, Pasig City Attention: Grace B . De Guia Asst . Manager Disclosure Dept . Gentlemen: This confirms some of our comments regarding the "gaming business" interest mentioned in an article, which appeared in the Manila Times today. Fil-Estate Land, Inc. (FELI) at the moment, has not yet entered into any definite agreement involving the pursuit of gaming business for itself. cdll The article, however, correctly pointed out that the Poro Point Project may eventually include some form of gaming center or facility. It should be noted that the Poro Point Project is to be pursued through Camp John Hay Development Corporation (a company partly owned by unlisted firm, Fil-Estate Management, Inc.) and should not, at the moment, require any direct participation from listed firm FELI. We trust that this letter clarifies your concern about the above-mentioned article. Very truly yours, (SGD.) ROBERTO S. ROCO Chief Finance Officer
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