PSE Circular for Brokers No. 328-99
PSE Circular for Brokers No. 328-99 • Philippine Stock Exchange • Circulars for Brokers • Feb 24, 1999
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February 24, 1999 PSE CIRCULAR FOR BROKERS NO. 328-99 February 23, 1999 Disclosure Department Listings & Disclosure Group Philippine Stock Exchange 4th Floor, PSE Center Exchange Road, Ortigas Center Pasig City Attention: Mr . Reynold P . Ong VP Listings & Disclosure Group Gentlemen : Please be informed that in the Board Meeting of Alaska Milk Corporation held yesterday, February 22, 1999, which ended at 12:45 noon, the Board of Directors approved to appropriate P200 million (Pesos Two Hundred Million) out of its Unappropriated Retained Earnings for its capital Investment projects. The primary capital expenditure projects are the modernization of the San Pedro, Laguna Liquid Milk Processing Plant and the acquisition of delivery trucks/vans as well as computer software/hardware. LLpr Thank you for your kind attention. Sincerely, (SGD.) JOSELITO J. SARMIENTO, JR. Asst . Corporate Secretary
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