PSE Circular for Brokers No. 875-98

April 30, 1998 PSE CIRCULAR FOR BROKERS NO. 875-98 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. 29 April, 1998 (Date of earliest event reported) 2. SEC Identification Number 23736 3. BIR Tax Identification No. 000-099-128 4. Steniel Manufacturing 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. Unit 2902-B West Tower, PSC Centre 1605 Exchange Road, Ortigas Center Postal Code Pasig City Address of principal office 8. (632) 638-6290 to 93 Registrant's telephone number, including area code 9. N. A. 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/Outstanding Common Shares 876,182,045 1* Reported by the stock transfer agent as of 31 March 1998 11. Indicate the item numbers reported herein: Item 4 Election of Directors/Officers and Item 9 Other Events Item 4 Election of Directors/officers At the annual meeting of the stockholders of Steniel Manufacturing Corporation (the "Company") held on 28 April 1998, the following were elected as directors: 1. Mr. Napoleon L. Nazareno 2. Mr. Albert F. del Rosario 3. Mr. Augusto Palisoc, Jr. 4. Mr. Manuel V. Pangilinan 5. Mr. Ricardo S. Pancua 6. Mr. Christopher H. Young 7. Ms. Angelita A. Dalusong 8. Mr. Edward S. Go 9. Mr. Meliton V. Salazar 10. Mr. Heinrich J. Merkt 11. Atty. Leonardo Siguion Reyna At the organizational meeting of the Board of Directors of the Company, immediately following the annual meeting of stockholders, the following ware elected as officers: Napoleon L. Nazareno Chairman Albert F. del Ronario Vice Chairman Augusto P. Palisoc, Jr. President & CEO Paul Richard T. Camangian Treasurer Ma. Lourdes C. Rausa-Chan Corporate Secretary Item 9 Other Events At said annual meeting of the stockholders of the Company, stockholders representing at least two-thirds of the outstanding capital stock approved the amendment to the Article Third of the Articles of Incorporation changing the principal office from Metro Manila to Cavite City. LexLib 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. STENIEL MANUFACTURING CORPORATION (Registrant) By: (SGD.) MA. LOURDES C. RAUSA-CHAN Corporate Secretary