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In re Zipporah Realty Holdings, Inc.

SEC-CFD Order No. 150-07 • Securities and Exchange Commission Departments • Corporate Governance and Finance Department (CGFD) • Sep 10, 2007

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September 10, 2007 SEC-CFD ORDER NO. 150-07 IN THE MATTER OF THE ZIPPORAH REALTY HOLDINGS, INC. VIOLATION OF RULE 17.1 (1) (A) (i) OF THE SECURITIES REGULATION CODE ORDER ZIPPORAH REALTY HOLDINGS INC., having violated Rule 17.1 (1) (A) (i) of the Securities Regulation Code for the late filing of its 2006 Annual Report (SEC Form 17-A) was penalized and required to pay a total penalty of EIGHTY THOUSAND EIGHT HUNDRED PESOS (P80,800.00). The same was paid to this Commission on September 7, 2007 under Official Receipt No. 0092837. The company is warned that, henceforth, it shall endeavor to take such measures as will ensure full compliance with the requirements of the said Rule, otherwise, the Commission shall be constrained to impose penalties corresponding to such subsequent repetition of the same violation in accordance with SEC Memorandum Circular No. 6, Series of 2005 (Consolidated Scale of Fines). SO ORDERED. EDSA, Mandaluyong, Metro Manila, Philippines. September 10, 2007. (SGD.) JUSTINA F. CALLANGAN Director

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