PSE Circular for Brokers No. 422-99
PSE Circular for Brokers No. 422-99 • Philippine Stock Exchange • Circulars for Brokers • Mar 8, 1999
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March 8, 1999 PSE CIRCULAR FOR BROKERS NO. 422-99 March 5, 1999 Philippine Stock Exchange Disclosure Department Listings and Disclosure Group 4F Philippine Stock Exchange PSE Center, Exchange Road Ortigas Center, Pasig City Attention: Ms . Grace B . de Guia Asst . Manager Listings & Disclosure Group Gentlemen : In compliance with the continuing disclosure requirements of the Exchange, we report that at a special meeting held earlier today, the Board of Directors of Metro Pacific Corporation ("MPC") approved the issuance to Metro Pacific Holdings, Inc. ("MPHI") of Pesos 720 million worth of new common shares, representing 400 million new common shares, at an issue price of Pesos 1.80 per share. MPHI is selling 250 million common shares to the Social Security System and 150 million common shares to the Government Service Insurance System. Very truly yours, (SGD.) IAN C. WILSON Director
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