Clarification of Philippine Star News Article Captioned "Gokongwei Unloads P1.77-Billion Worth of JG Summit Shares in Last-Minute Block Sales"
PSE Circular for Brokers No. 3265-99 • Philippine Stock Exchange • Circulars for Brokers • Dec 22, 1999
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December 22, 1999 PSE CIRCULAR FOR BROKERS NO. 3265-99 DATE : December 21, 1999 TO : Philippine Stock Exchange ATTENTION : Ms. Grace B. de Guia Assistant Manager Corporate Disclosure Department Listings and Disclosure Group ADDRESS : PSE Center, Exchange Road Ortigas Center, Pasig City FROM : JG SUMMIT HOLDINGS, INC. Emmanuel C. Rojas, Jr. Corporate Secretary 40/F Robinsons-PCI Tower ADB Ave. cor. Poveda Road Pasig City, Metro Manila Philippines MESSAGE Dear Ms. de Guia, RE : Clarification of Philippine Star News Article captioned "Gokongwei unloads P1.77-billion worth of JG Summit shares in last-minute block sales" Thank you for your fax of today requesting for a written clarification/confirmation of the abovecaptioned news article which appeared in today's issue of the Philippine Star. In reply, Mr. John Gokongwei, Jr. denies unloading Php1.77 billion worth of JG Summit shares in a last minute block sale at the Philippine Stock Exchange. The news article that came out in today's issue of the Philippine Star is purely speculative and without any factual basis. There is nothing to disclose on the foregoing matter. Thank you very much. Very truly yours, JG SUMMIT HOLDINGS, INC. (SGD.) EMMANUEL C. ROJAS, JR. Corporate Secretary
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