DNL: Approval of The Sale of Chemrez Property

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11

May 2015

PHILIPPINE STOCK EXCHANGE


Listings and Disclosure Group
3,T Philippine Stock Exchange Plaza
Ayala Triangle. Ayala Avenue
Makati City

Attentlon:

MS.
I

JANET

A. IINCARNACION

lead. Disclosure Dcpartment

Centlemcn:

of the Boafd of Directors ol D&L Industrics, Inc.


(the "Corporation") held toda)'. 11 May 2015. the Board authodzed the Corporauon, as
the p ncipal shareholder of Chemrez Technologies, Inc_, to approve the sale of Chemrez'
propert,v iocated at 66 Industda Street. Bagumbavan, Quezon Citl, consisting of 6,000
square meters of Land including the building and aL1 improvements thereon at such pdce
and terms deemed necessaty. desirable and useful b,v Chemrez' management.
Please be advised that at the meeting

Ihank you.
Very truly yours,

Assistant Corporate Secretar)-'

D&L INDUSTRIES, INC.


Industrii, Blgumbaran, Quezon Cit):,I110 Philippines
,16r2) 6rs.0630 . (632)635.0:03 :ainnr@dnl.con.ph '{ww.dnl con.ph
6s Calle

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