C05105-2024 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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COMMON | 261,314,797,080 |
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Subject of the Disclosure |
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UPM Negative Stockhoders' Equity for the past five years (2019-2023) and the 1st Quarter Report March 31, 2024 |
Description of the Disclosure |
The Company received a letter from the Exchange dated June 19, 2024 directing UPM to submit within thirty (30) working days from receipt thereof , a plan detailing the activities it will undertake, together with its corresponding timetable, to bring its stockholders’ equity from negative to positive. |
Information Requested |
Please see attached reply of UPM containing the Company's plan of action to bring the stockholders' equity from negative to positive in the next twelve (12) months. |
Name | Gilbert Rabago |
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Designation | Finance, Admin & Purchasing Manager |