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Macroasia Corporation
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Macroasia Corporation
PSE Circular for Brokers No. 758-00
March 23, 2000
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Philippine Stock Exchange
PSE Circulars
Corporate
Macroasia Corporation
PSE Circular for Brokers No. 758-00
•March 23, 2000
March 23, 2000PSE CIRCULAR FOR BROKERS NO. 758-00SUBJECT:MACROASIA CORPORATION Record Date and Work Program for 1:4 Stock Rights Offering with 2:1 Warrants Offering Further to Circular for Brokers No. 2941-99 dated November 17, 1999, please be informed that the record date of the 1:4 stock rights offering with 2:1 warrants offering of MACROASIA CORPORATION (the "Company") has been set on April 12, 2000. The details are as follows:A.1:4 Stock Rights OfferingOffer Ratio:One (1) rights share for every four (4) common shares heldOffer Shares, par value:250,000,000 common shares, P1.00 per shareOffer Price:P2.00 per share Eligible Subscribers:All shareholders as of Record Date.Record Date:April 12, 2000Ex-date:April 6, 2000Offer Period:April 24 - 28, 2000Payment Terms:Full payment upon subscriptionUnderwriter:Allied Banking Corporation — Trust & Investments DivisionFinancial Adviser and Issue Manager:Securities 2000, Inc. ("SEC2000")Stock Transfer Agent:Allied Banking Corporation — Trust Banking DivisionB.2:1 Warrants OfferingNumber of Warrants:500,000,000 warrantsDescription of:Attached to and detachable from stockWarrants:rights sharesRatio:Two (2) Warrants for every one (1) rights share subscribedCost of Warrants:P0.10Exercise Period:Within ten (10) trading days immediately prior to the end of three years from Listing Date...
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