Order Freezing the Assets of WINGOLD MANAGEMENT PHILS., INC. (Wingold Management Limited)

April 21, 1999

BSP CIRCULAR LETTER

TO:All Banks
SUBJECT:Order Freezing the Assets of WINGOLD MANAGEMENT PHILS., INC. (Wingold Management Limited)

As requested by Mr. Perfecto R. Yasay, Jr., Chairman, Securities and Exchange Commission (SEC), we are furnishing you, for your reference and guidance, a copy of his letter dated April 14, 1999, seeking assistance in the implementation of a SEC Order freezing the assets of WINGOLD MANAGEMENT PHILS., INC (Wingold Management Limited) by informing trustee/depository banks of said corporation to disallow any and all withdrawals of any assets of said corporation in their custody. dctai

(SGD.) ARMANDO L. SURATOS
Deputy Governor
and General Counsel

April 14, 1999

The GOVERNOR
Bangko Sentral ng Pilipinas
City of Manila

Dear Governor:

On March 30, 1999, this Commission issued an Order FREEZING the assets of WINGOLD MANAGEMENT PHILS, INC. (WINGOLD MANAGEMENT LIMITED). Copy of the Order is attached for your perusal.

In this regard we would like to request your assistance for the implementation of the same by informing trustee/depository banks of said corporation to disallow any and all withdrawals of any assets of said corporation in their...

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