PSE Circular for Brokers No. 715-98

April 20, 1998 PSE CIRCULAR FOR BROKERS NO. 715-98 April 17, 1998 SECURITIES AND EXCHANGE COMMISSION SEC FORM 11-C CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA) AND RSA RULE 11(a)-1(b)(3) THEREUNDER 1. April 17, 1998 Date of Report 2. SEC Identification Number ASO94-006430 3. BIR Tax Identification Number 003-942-108 4. EMPIRE EAST LAND HOLDINGS, INC. Exact name of registrant as specified in its charter 5. Metro Manila Province, Country or other jurisdiction of incorporation or organization 6. (SEC Use Only) Industry Classification Code 7. 21st Floor, The World Centre 330 Sen. Gil J. Puyat Avenue Makati City, Philippines 1227 Address of principal office 8. (632) 867-8351 to 59 Registrant's telephone number, including area code 9. Securities registered pursuant to Sections 4 and 8 of the Revised Securities Act Authorized Class Capital Stock Subscribed Paid-Up Common 8,000,000,000 3,186,886,720 3,186,886,720 Preferred 2,000,000,000 None None 10. Item Number 9. Other Events Empire East Land Holdings, Inc. (the "Corporation") held its annual stockholders' meeting today at 9:00 a.m. at the Eastwood City Information Center (Showroom), C-5 Road, Libis, Quezon City. During said meeting, the stockholders approved the creation of an executive committee, restored to the Board of Directors the power to appoint external counsels of the Corporation, and appointed Punongbayan & Araullo as the external auditor of the Corporation for the fiscal year 1998. In the same meeting, the following directors were elected: Andrew L. Tan, Anthony Charlemagne C. Yu, Gerardo C. Garcia, Cirilo L. Manlangit, Peter B. Favila, Reynaldo S. Guevara, and Amante S. Rimando. LibLex SIGNATURE Pursuant to the requirements of the Revised Securities Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. EMPIRE EAST LAND HOLDINGS, INC. By: (SGD.) ENRIQUE SANTOS L. SY Corporate Secretary