PSE Circular for Brokers No. 781-99
PSE Circular for Brokers No. 781-99 • Philippine Stock Exchange • Circulars for Brokers • Apr 16, 1999
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April 16, 1999 PSE CIRCULAR FOR BROKERS NO. 781-99 April 13, 1999 PHILIPPINE STOCK EXCHANGE 4/F Philippine Stock Exchange Center PSE Center, Exchange Road Ortigas Center, Pasig City Metro Manila Attention: Ms . Tricia Zamesa Ms . Grace de Guia Listing and Disclosure Group RE : Davao Union Cement Corporation Gentlemen : We write in our capacity as legal counsel to AB Capital and Investment Corporation the Issue Manager and Lead Underwriter for the Rights Offering of Two Billion Two Hundred Fifty Million (P2,250,000,000) new common shares (the "Rights Shares") and Seven Hundred Fifty Million (P750,000,000) Convertible Notes due 2004 (the "Notes") of Davao Union Cement Corporation [collectively, the "Offered Securities".] In connection with the foregoing, we want to disclose that: 1) The Offer Period for the Offered Securities shall commence on 3 May 1999 and end on 14 May 1999, 2) The Payment Date for the Offered Securities shall be on 14 May 1999; and 3) The Issue Date for the Offered Securities shall be on 21 May 1999 We trust that the foregoing is in order. Very truly yours, PICAZO BUYCO TAN FIDER & SANTOS By: (SGD.) GABRIELA DEE
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