PSE Circular for Brokers No. 348-00
PSE Circular for Brokers No. 348-00 • Philippine Stock Exchange • Circulars for Brokers • Feb 15, 2000
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February 15, 2000 PSE CIRCULAR FOR BROKERS NO. 348-00 February 14, 2000 Philippine Stock Exchange PSE Center, Exchange Road Pasig City Attention : Atty. Ruben L. Almadro VP - Compliance & Disclosure Group Gentlemen : Further to our letter today, with reference to the unusual movement in the trading of Mondragon shares last Friday, February 11, 2000, said unusual movement might have been caused by the strong interest generated by the statement of Clark Development Corporation of their willingness to turn over the Mimosa Leisure Estate back to Mondragon upon payment of its obligations to the government. In the meantime, Mondragon is exerting all efforts to facilitate the release of the funds from the US trust in order to meet its obligations and to pursue interim measures for bridge financing. Very truly yours, (SGD.) PIERRE PAUL S. BUHAY Financial Comptroller
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