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IPM Holdings, Inc.

Company Description
IPM Holdings, Inc. (IPM), formerly Minerales Industrias Corporation, was originally incorporated on August 31, 1995 to engage in business as an investment holding company. The Company started commercial operations on September 15, 1999. On November 25, 2015, the Securities and Exchange Commission approved the change in the Company’s name to the present one.

In November 2012 and February 2013, the Board of Directors and the stockholders, respectively, approved the subscription of the IPM group of companies to a total 500 million shares out of the increase in the authorized capital stock of the Company previously approved by the stockholders. Also in February 2013, the stockholders of MIC approved the amendment of the primary purpose of the Company to being a holding company from a mining company to give it more flexibility in looking for suitable investments.

On March 4, 2013, the Company acquired shares in Basic Environmental Systems and Technologies, Inc. (BEST) amounting to a 75% interest, thereby treating it as a subsidiary. BEST is a corporation engaged in contracting and consulting business for waste management, public cleansing, sanitation, and general hygiene to provide comprehensive waste disposal services.

Source: SEC Form 17-A (2018)
Security Information
Sector Services
Subsector Other Services
Corporate Life 50
Incorporation Date Aug 31, 1995
Number of Directors 7
Stockholders' Meeting as per By-Laws April - fourth Wednesday except holidays
Fiscal Year 12/31 (Month/Day)
External Auditor SyCip, Gorres, Velayo & Company
Transfer Agent Banco de Oro Unibank, Inc. - Trust Banking Group
Contact Information
Business Address Unit 103, Ground Floor, Prestige Tower Condominium, F. Ortigas Jr. Avenue Ortigas Center, Pasig City
E-mail Address
Telephone Number 8897-5257
Fax Number