PSE Circular for Brokers No. 799-98

April 24, 1998 PSE CIRCULAR FOR BROKERS NO. 799-98 April 22, 1998 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 22, 1998 (April 15, 1998) Date of Report (Date of earliest event reported) 2. SEC Identification Number: 42543 3. BIR Tax Identification No. 000-196-724 4. AGP INDUSTRIAL CORPORATION Exact name of registrant as specified in its charter 5. Philippines Province, country or other jurisdiction of incorporation 6. (SEC Use Only) Industry Classification Code 7. 4th Floor, SGV I Building, 6760 Ayala Avenue, Makati City 1200 Address of principal office Postal Code 8. (632) 816-4683; 817-2360; 818-9846 Registrant's telephone number, including area code 9. __________________________________________________________ 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 17,170,348 shares subscribed and fully paid 11. Indicate the item numbers reported herein: AGP INDUSTRIAL notified Securities and Exchange Commission of the postponement of its Annual Meeting of Stockholders for the reason that our External Auditor, SGV & Co., has not been able to seasonably complete and finalize its report on the audit of our finances. Please see attached letter to SEC . 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 thereunto duly authorized. AGP INDUSTRIAL CORPORATION Registrant (SGD.) HIRAM C. MENDOZA, Corporate Secretary 15 April 1998 Chairman Perfecto R. Yasay, Jr. Securities & Exchange Commission EDSA, Mandaluyong City Metro Manila S i r : Please be notified that the Annual Meeting of the Stockholders of this Corporation cannot be held as scheduled in the By-Laws, i.e. on the Fourth Monday, the 18th of May 1998, for the reason that our External Auditor, SGV & Co., has not been able to seasonably complete and finalize its report on the audit of our finances. Considering that the craftsmanship of downstream reports and other year-end information requirements for our stockholders, other stakeholders, and regularity agencies like yourselves are predicated on this audit, our Management is recommending to our Board of Directors the deferment of the Annual stockholders' meeting to 15 June 1998. The Record Date under consideration for the pre-qualification of the stockholders who will be entitled to notice of and to vote during that meeting is 15 May 1998. cdll Very truly yours, (SGD.) HIRAM C. MENDOZA Corporate Secretary