ATOK-BIG Wedge, Co. Inc. has elected businessman Dennis A. Uy as its vice-chairman and independent director for the ensuing year.
In a regulatory filing on Friday, the listed mining firm said the election was approved at the firm’s annual stockholder’s meeting on Thursday.
Mr. Uy is the chairman and chief executive officer (CEO) of Udenna Corp., CEO and president of Phoenix Petroleum Philippines Inc., Chelsea Shipping Corp. and Global Synergy Trade and Distribution Corp., among others.
He is also the chairman of the 2GO Group, Inc., Chelsea Logistics Holdings Corp., Oilink Mindanao Distribution, Mindanao Media Dynamics, Phoenix Petroleum Holdings, Inc., F2 Logistics, and Phoenix Philippines Foundation, Inc.
Mr. Uy, who hails from the hometown of President Rodrigo R. Duterte, is also an independent director of Apex Mining Company, Inc.
Atok-Big Wedge’s board also elected Roberto V. Ongpin as its chairman and CEO and Eric O. Recto as president.
Also elected as independent director is former banker Lorenzo O. Tan, who previously served as president and CEO of Rizal Commercial Banking Corp.
Paul Francis Juat, director of Brownfield Holdings Corp., North Kitanglad Agricultural Company, Inc., PBJ Corp., and Pacific Bougainville Holdings Corp., was also elected as independent director.
Shares of Atok-Big Wedge jumped 7.03% or P1.30 to P19.8 apiece.

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