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PSE Circular for Brokers No. 967-99

PSE Circular for Brokers No. 967-99 • Philippine Stock Exchange • Circulars for Brokers • May 4, 1999

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May 4, 1999 PSE CIRCULAR FOR BROKERS NO. 967-99 May 3, 1999 Philippine Stock Exchange PSE Center, Exchange Road Ortigas Center, Pasig City Attention: Disclosure Department Listings and Disclosure Group Gentlemen : Please be informed that Water Jet Shipping Corporation and Water Jet Netherlands Antilles, NV, which are 43.2% and 43.6%, respectively, owned affiliates of Mabuhay Holdings Corporation, have decided to suspend ferry operations effective April 30, 1999 in order to avoid further losses. Thank you. LLphil Very truly yours, (SGD.) DELFIN P. ANGCAO Corporate Secretary

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