PHILIPPINE LONG DISTANCE <PHI> PLANS SPLIT
Philippine Long Distance Telephone Co
said it has called a special shareholder meeting to approve a
proposed two-for-one stock split and a 20 pct stock dividend.
    The company said the meeting will be held July 15 and
shareholders of record on April 27 will be eligible to vote.
    The company said it will also ask shareholders to approve
an increase in authorized common shares to 134 mln and of
serial preferred stock to 383 mln and to authorize the sale of
two billion pesos of debentures.
 Reuter
