Tag page - United Paragon Mining Corporation

United Paragon Mining Corp., a listed firm controlled by National Bookstore’s Ramos family, is seeking to wipe out ₱876.57 million in debt by converting preferred shares and bonds into equity. In a disclosure to the Philippine Stock Exchange, the firm stated that its board of directors has...

United Paragon Mining Corporation (UPM), an idle gold mining firm controlled by the Ramos family, hopes to resolve its negative equity position by March this year as it continues to negotiate with creditors to reduce debt by conversion to equity. “We are pleased to inform you that we are actively...