PSE Circular for Brokers No. 915-98
PSE Circular for Brokers No. 915-98 • Philippine Stock Exchange • Circulars for Brokers • May 4, 1998
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May 4, 1998 PSE CIRCULAR FOR BROKERS NO. 915-98 TO : THE SECURITIES & EXCHANGE COMMISSION Money Market Operations Department Attn.: Ms. Linda A. Daoang, Director (Fax No. 727-51-03) THE PHILIPPINE STOCK EXCHANGE Compliance Monitoring Division, Listing Department Attn.: Ms. Maria Isabel T. Garcia, Head (Fax No. 636-08-09) FR : ASIATRUST BANK DATE : 30 APRIL 1998 Please be informed that at today's Board Meeting, the Board had approved the Bank's investment in ATB Realty Corporation via an exchange of properties for shares in the amount of PESOS: TWENTY SIX MILLION FOUR HUNDRED TWENTY THOUSAND (P26,420,000.00) based on the fair market of the properties proposed for the exchange. The investment, however, shall be subject to the approval of the Monetary Board. cdlex Copy of the pertinent resolution to follow. Very truly yours, (SGD.) MA. NERIZA C. SAN JUAN Vice President Corporate Legal Counsel
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