PSE Circular for Brokers No. 473-99
PSE Circular for Brokers No. 473-99 • Philippine Stock Exchange • Circulars for Brokers • Mar 15, 1999
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March 15, 1999 PSE CIRCULAR FOR BROKERS NO. 473-99 PHILIPPINE STOCK EXCHANGE PSE Centre Exchange Road Ortigas Center, Pasig City Metro Manila Fax No. (632) 634-5920 Attention: Atty . Ruben L . Almadro VP Compliance & Surveillance Group Gentlemen : Thank you for letter earlier today regarding the unusual downward movement the share price of Acesite (Phils.) Hotel Corporation from P10.50 per share to P6.30 per share. Except for what we have reported under SEC Form 11-Q For the quarter ending 31 December 1999, and the subsequent verbal notice given by the SEC that we may proceed with the filing and distribution of the proposed 25% stock dividend (due to the sufficient of retained earnings), we are unaware of any material information that may affect the value and trading of the stock. LexLib We hope that everything is in order. Should you need anything else, please do not hesitate to get in touch with the undersigned. Thank you for your kind and immediate attention. Very truly yours, (SGD.) RICKY L. RICARDO Manager Corporate Affairs
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