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
|