PSE Circular for Brokers No. 3273-99
PSE Circular for Brokers No. 3273-99 • Philippine Stock Exchange • Circulars for Brokers • Dec 23, 1999
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December 23, 1999 PSE CIRCULAR FOR BROKERS NO. 3273-99 December 22, 1999 ATTY. RUBEN L. ALMADRO VP-Compliance & Surveillance Group Philippine Stock Exchange, Inc. PSE Centre, Exchange Road Ortigas Center, Pasig City Dear Atty. Almadro: This is to acknowledge receipt today of a fax message from your office regarding the trading of BF shares. llcd We wish to inform that the Bank has no knowledge of any material information that could effect the price of its shares, which in today's trading has increased by 49.22% from P96.50 to P144.00 per share. We believe however, that the said price increase may be due to the Memorandum of Agreement (MOA) that was signed by the Bank with the Bangko Sentral ng Pilipinas which was published in yesterday's (December 21, 1999) newspapers. In the said agreement, the Bank fully settled the claims of the Central Bank thru dacion en pago of real estate properties. LibLex Thank you. Very truly yours, (SGD.) ATTY. FRANCISCO A. RIVERA VP & Corporate Secretary
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