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Cessation of Trading Operations

PSE MEMO FOR BROKERS NO. 171-99 • Philippine Stock Exchange • Memo for Brokers • May 13, 1999

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May 13, 1999 PSE MEMO FOR BROKERS NO. 171-99 SUBJECT : Cessation of Trading Operations MEMBER-FIRM : Connell Securities, Inc. Please be informed that Connell Securities, Inc. will cease its trading operations effective May 15,1999. llcd For your information. (SGD.) RAFAEL L. LLAVE Chief Operating Officer

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