Unusual Trading
PSE Circular for Brokers No. 934-98 • Philippine Stock Exchange • Circulars for Brokers • May 6, 1998
Full text
May 6, 1998 PSE CIRCULAR FOR BROKERS NO. 934-98 May 5, 1998 Philippine Stock Exchange Philippine Stock Exchange Centre Exchange Road, Ortigas Center Pasig City Attention: Atty . Joselito V . Santos Acting Head, Compliance and Surveillance Department Dear Sirs, RE : Unusual Trading We respond to your fax of 05 May 1998 requesting us to provide you any information that may relate to the unusual movement in the share price of MEDCO Holdings, Inc. ("MED") or the ("Company") which decreased today by 40% from the last traded price of P1.50 to P0.90 per share. The management of the Company is not aware of any recent and undisclosed corporate development which may account for the unusual trading activity or movement in the share price of MED. Please let us know if you have any further questions on this matter. Yours faithfully, (SGD.) SOLOMON R. B. CASTRO Corporate Secretary
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