PSE Circular for Brokers No. 757-98

April 22, 1998 PSE CIRCULAR FOR BROKERS NO. 757-98 April 21, 1998 SEC FORM 11-C CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA) AND RSA RULE 119(a)-1 (b) (3) THEREUNDER 1. April 21, 1998 Date of Report (Date of earliest event reported) 2. SEC Identification Number 106833 3. BIR Tax Identification No. 000-141-166 4. GREATER ASIA RESOURCES CORPORATION Exact name of registrant as specified in its charter 5. PHILIPPINES Province, country or other jurisdiction of incorporation 6. (SEC Use Only) 7. 26th Floor Chatham House, 116 Valero corner Herrera Sts. Salcedo Village, Makati City _________ Postal Code Address of principal office 8. 845-4177 Registrant's telephone number, including area code 9. Suite 502 Tektite East Tower, Exchange Road Ortigas Center, Pasig City Former name or former address, if changed since last report 10. Securities registered pursuant to Sections 4 and 8 of the RSA Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding Common Shares 450,000,000 11. Indicate the item numbers reported herein: ITEM 4 & 9 Item 4 . Election of Directors At the annual stockholders' meeting of Greater Asia Resources Corporation held on 16 April the following directors were duly nominated and elected: cdlex Dato' K. Pathmanaban a/l Kunjamboo Dato' Ong Kim Hoay Rani Bin Datuk Haji Ibrahim Eduardo G. Lim, Jr. Owen S. Carsi Cruz Ramon C. Lee Carlos A. Arellano Francis A. Ablan Item 9 . Other Events During the same meeting, the following amendments to the Articles of Incorporation were approved (a) the change in Corporate name from Greater Asia Resources Corporation to BW Resource Corp.; (b) the increase in Authorized Capital Stock from 450,000,000 to 15 Billion Pesos; and (c) the subscription of new investors SIGNATURES 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. GREATER ASIA RESOURCES CORPORATION Registrant By: JOSE SALVADOR M. RIVERA, JR. Corporate Secretary