MANILA, Philippines—Chinatrust (Philippines) Commercial Bank Corp.. said Rosario C. Astrologo, vice president/compliance officer, retired from the bank effective July 1. The bank has appointed Mary Elizabeth H. Bayhon as its new compliance officer.
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The Board of Centro Escolar University declared on June 26 cash dividend equivalent to P0.25 per share to stockholders of record as of July 10, payable on Aug. 5.
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Metropolitan Bank & Trust Co. accepted the resignation on June 29 of Yolanda C. Crisanto as head of corporate communications division effective July 22.
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Pacific Online Systems Corp. on June 29 repurchased the following from the market: 39,000 shares at P9.90 each and 11,000 shares at P10. The company’s capital structure is as follows: 199,715,000 issued shares; 191,519,600 outstanding shares; 199,715,000 listed shares; and 8,195,400 treasury shares.
Its board also approved the declaration of two tranches of cash dividends—P0.25 per share to stockholders of record as of July 24, payable on Aug. 17 and P0.25 per share to stockholders of record as of Nov. 20, payable on Dec. 14.
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Acesite (Phils.) Hotel Corp. will hold its annual stockholders’ meeting on July 20 at 4 p.m. at the Manila Pavilion Hotel in Manila. Stockholders of record as of June 22 will be entitled to notice of and vote at the meeting.
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The Board of Manila Electric Co. approved the payment of cash dividend at the rate of 10 percent of par value per annum of the company’s 10-percent cumulative preferred stock Series “B” on July 31 to shareholders of record as of June 30.
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The Board of Rizal Commercial Banking Corp. has accepted the resignation of Christopher I. Teague as member of the board effective immediately.
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Rizal Commercial Banking Corp. on June 29 elected the following to its board: Regular directors—Alfonso T. Yuchengco, Helen Y. Dee, Lorenzo V. Tan, Rizalino S. Navarro, Cesar E. A. Virata, Teodoro D. Regala, Wilfrido E. Sanchez, Reynaldo B. Vea, Ma. Celia H. Fernandez-Estavillo and Yvonne S. Yuchengco; independent directors—Teodoro Q. Peña, Armando M. Medina, Francisco C. Eizmendi Jr., Roberto F. de Ocampo and Antonino L. Alindogan Jr.
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Zeus Holdings Inc. on June 30 announced that Rhea A. Jaro has resigned as independent director of the company. The board has elected Oliver S. Faustino to serve as independent director for the remainder of the year.
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Pryce Corp. on June 30 elected the following to the board of directors: Salvador P. Escaño, Ramon R. Torralba Jr., Nilo S. Ezequiel, Efren A. Palma, Vicente O. Afable Jr., Roland Joey R. de Lara and Simeon S. Umandal.
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Splash Corp. said Fernando M. Manotok assumed the position of assistant vice president for management accounting in the firm on July 1.