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PSE Circular for Brokers No. 3225-99

PSE Circular for Brokers No. 3225-99 • Philippine Stock Exchange • Circulars for Brokers • Dec 17, 1999

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December 17, 1999 PSE CIRCULAR FOR BROKERS NO. 3225-99 December 16, 1999 The Philippine Stock Exchange, Inc. Phil. Stock Exchange Centre Exchange Road, Ortigas Centre Pasig City Attention: Atty . Ma . Isabel T . Garcia Head, Listing & Disclosure Group Sirs: Please be advised that at the meeting of our Board of Directors at 3:30 P.M., December 16, 1999, the offer of Air Liquide Industrial Services Pte. Ltd. to purchase the total forty percent (40%) shareholdings in Air Liquide Philippines, Inc. owned by Republic Glass Holdings Corporation for and in consideration of United States of America Dollars Twelve Million Three Hundred Thousand (US$12,300,000.00) was approved. The transaction is expected to be concluded upon execution of the appropriate documentation within a reasonable period hereafter. LexLib Very truly yours, (SGD.) MARIO T. MENESES, JR. Corporate Secretary

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