March 23, 2000
PSE CIRCULAR FOR BROKERS NO. 760-00
Date | : | March 22, 2000 | |
TO | : | Disclosure Department | Tel No.: (632) 636-0122) |
Philippine Stock Exchange | Fax No.: (632) 636-0809 | ||
FROM | : | Randolph T. Estrellado | Tel No.: (632)924 4101/415 |
AVP Finance | 2272 local 4330 | ||
Fax No.: (632)-431-9368 | |||
Number of Pages (including cover): |
Gentlemen:
This is connection with your fax message dated March 13, 2000, addressed to Atty. Eric Quiason, regarding the news article entitled 'First Pacific, ABS CBN in talks for buy-in deal?" published in the March 13, 2000 issue of the Business World. TECIaH
Although the news article itself appears to be merely speculativc, we nevertheless would like to reiterate that ABS-CBN Broadcasting Corporation (ABS-CBN) is not aware of any talks between First Pacific Co. Ltd. (First Pacific) and the Lopez Group concerning the possibility of First Pacific buying into ABS-CBN.
As has been our practice in the past and as a policy that we intend to maintain in the future, we will be informing the investing public and the exchange if any matter...