Postponement of Regular Annual Stockholders' Meeting of Semirara Coal Corporation (SCC)
PSE Circular for Brokers No. 654-98 • Philippine Stock Exchange • Circulars for Brokers • Apr 13, 1998
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April 13, 1998 PSE CIRCULAR FOR BROKERS NO. 654-98 April 3, 1998 SECURITIES AND EXCHANGE COMMISSION SEC Building, EDSA, Greenhills Mandaluyong City Attention : Ms . Adelfa A . Villegas Chief, SE Specialist Service RE : Postponement of Regular Annual Stockholders' Meeting of Semirara Coal Corporation (SCC) Gentlemen : Please be informed that the Regular Annual Stockholders Meeting of SCC scheduled to be held first Monday of each year and for this year on May 4, 1998 pursuant to its By-Laws, shall be postponed and moved to May 14, 1998 at 10:00 a.m. at 3rd Floor, Decor Building, 2281 Pasong Tamo Extension, Makati City The reasons for the postponement to a later date of Regular Annual Stockholders' Meeting are the following: a) The preparation of the Annual Report including the Audited Financial Statement was delayed, the completion of the audited financial statement by SGV & Company is expected on April 6, 1998 at the earliest. cdpr b) The Securities and Exchange Commission (SEC) ( Illegible portion in PSE file ) requirement under SEC FORM 34-C wherein preliminary ( Illegible portion in PSE file ) of the information statement shall be ( Illegible portion in PSE file ) review and comments at least ten (10) business days prior to the date the definitive information statement is amended the Stockholders and at least fifteen (15) business days prior to the date of the meeting the said definitive information statement is sent or given to the Stockholders together with the Notice of Annual Stockholders' Meeting, Proxy Form, Definitive Information Statement, Audited Financial Statement as of December 31, 1997 and printed 1997 Annual Report. c) The holidays (April 9, 10 and May 1, 1998) during the said period. In view of the above, we definitely can not hold the said Annual Stockholders Meeting on May 4, 1998 as scheduled in the By-Laws of the Corporation. Thank you for your usual kind attention and consideration on this matter. Very truly yours, (SGD.) BENIGNO F. MORALES Corporate Secretary
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