Saturday, February 10, 2018

United Paragon Mining Corporation (UPM)

This posting may contain out of date contents.
For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
United Paragon Mining Corporation (UPM)
Sector
Mining and Oil
Incorporation Date
Apr 10, 1970
Subsector
Mining
Number of employees
8 (Group Total)
Board of Directors
Chairman: Alfredo C. Ramos
Website / E-mail
http://www.unitedparagon.com / upmcmnl@globelines.com.ph
2. Stock Information
Total Assets
1,114,626,467
Market Capitalization
1,620,151,741.90
Total Liabilities
1,040,861,342
Outstanding Shares
261,314,797,080
Retained Earnings
-2,559,757,164
Listed Shares
261,314,797,080
Listing Date
Apr 02, 1973
Issued Shares
261,314,797,080
Board Lot
1,000,000
Free Float Level (%)
21.19%
Par Value
0.01
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
National Book Store Inc.
Alakor Corporation
Anglo Philippine Holdings, Corp
32.27%
20.62%
25.69%
4. Company Descriptions and Business Development
Notes
1. Related companies: APO, AT, UPM, VUL and National Book Store.
Overview
UPM's principal mining operation is the Longos Mine at Paracale, Camarines Norte but it was under suspension because of the serious depletion of economic reserves in 2004. Since then, its principal activities since the suspension of the mining and milling operations until 2004 had been exploration and confirmation drilling.
Business
It has no significant revenue generating commercial activities.

Subsidiaries / Associates / Affiliates / Joint Ventures

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