PSE Circular for Brokers No. 904-98

May 4, 1998 PSE CIRCULAR FOR BROKERS NO. 904-98 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 30, 1998 Date of Report (Date of earliest event reported) 2. SEC Identification Number: AS095-002283 3. BIR Tax Identification No. 004-703-376 4. DMCI Holdings, Inc. Exact name of registrant as specified in its charter 5. Philippines Province, country or other jurisdiction of incorporation 6. [ ] (SEC Use Only) 7. 2281 Dacon Building, Pasong Tamo Ext., Makati City 1231 Address of principal office Postal Code 8. Voice (632) 816 7364 to 65 Fax (632) 816 7362 Registrant's telephone number, including area code 9. Not Applicable Former name, former address, and former fiscal year, 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, Php 1.00 Par 1,127,747,000 Preferred Shares, Php 1.00 Par 2,139,710 Common Shares, Php 1.00 Par 150,000,000 (1,127,747,000 Common shares are exempt under Section 6 (a)(4) of the RSA, and 74,719,200 underlying Common shares exempt under Section 6 (a)-7 of the RSA.) 11. Indicate the item numbers reported herein: Item 9 Item 9 . Other Events Following the Board meeting of the Company the following resolution were adopted, to date: 1. . . . "RESOLVED, that the Board of Directors of DMCI Holdings, Inc. (the "Corporation") authorize, as it hereby authorizes DMCI-HI to contribute as additional paid-in capital of Semirara Coal Corporation ("SCC"), the loans/obligations of SCC to DMCI-HI amounting to Php 986,630,289 which shall be used to wipe out the deficit/losses of SCC as of December 31, 1997." . . . 2. . . . "RESOLVED, That the Board of Directors of DMCI Holdings, Inc. (The "Corporation") authorize, as it hereby authorizes the Corporation to subscribe to 7,876,994 shares of common stock of Semirara Coal Corporation ("SCC") amounting to Php 78,439.94, arising from the increase in authorized capital stock of SCC from Php 2,836,075,339.17 to Php 2,836,340,260" . . . cdt 3. . . . "RESOLVED, That the Board of Directors of DMCI Holdings, Inc. (The "Corporation") authorize, as it hereby authorizes the Corporation to subscribe to the Corporation to subscribed t Php 400,000,000. worth of common shares of Semirara Coal Corporation, arising from the increase in the authorized capital stock of SCC from Php 1,412,200,000.00 to Php 1,812,200,000.00, and the corresponding payment of Php 100,000,000 on account thereof ". . . 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. DMCI Holdings, Inc. (SGD.) HERBERT M. CONSUNJI Director and Chief Financial Officer