Personnel Movement — New Appointments

January 3, 2000PSE MEMO FOR BROKERS NO. 014-00SUBJECT:Personnel Movement — New Appointments   PERIOD COVERED:November 1, 1999 — November 30, 1999 FROM MEMBER FIRMS:         NAME OF   PREVIOUSPRESENTEMPLOYEE POSITIONEFFECTIVITYEMPLOYEREMPLOYER     WARREN CHUAInvestment & ResearchNovember 16, 1999AngpingMercantile Manager   ARTHUR BOLIMASettlement Clerk/December 1, 1999R & Lre-hired Telephone Clerk   PAULINE TANManaging DirectorDecember 1, 1999TopwinSun Hung KaiHELENE ORDOÑEZExecutive SecretaryDecember 1, 1999TopwinSun Hung KaiEMILIANO MACATANGAYDriverDecember 1, 1999TopwinSun Hung KaiLAWRENCE LOW- NANGDirector./President/CEODecember 1, 1999Sun Hung KaiTopwinJONATHAN GABINERAMarketing Associate/November 15, 1999ApexUrbancorpTEODOLFO MARQUEZEDP EncoderDecember 1, 1999Sun Hung KaiVickers BallasAbove-mentioned personnel have been issued clearances by their former employers to join another member-firm. LibLexFor your information and guidance. (SGD.) JOSE FERNANDO T. ALCANTARAOfficer In Charge