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Dennis Uy on the lookout for the first Philippine unicorn

Billionaire Dennis Uy announced his intention to find and help scale tech startups positioned to reach a billion dollars in valuation.

Dennis Uy’s PH Resorts plans fund raising for 2 casino projects

DAVAO-BASED businessman Dennis A. Uy’s PH Resorts Group Holdings, Inc. targets to raise funds through a combination of debt and equity within the next two to three months to fund its casino projects in Cebu and Pampanga worth about $850 million.

Dennis Uy denies buying Smartmatic’s partner

THE listed companies led by Dennis A. Uy refuted reports circulating in social media that the Davao City businessman allegedly had a stake in a company with ties to Smartmatic, the group behind the electronic voting system used in the May 13 midterm elections.

PXP Energy, Dennis Uy holding firm terminate share purchase deal

PXP Energy Corp. said on Friday that the subscription agreement it signed with Davao City businessman Dennis A. Uy’s Dennison Holdings Corp. had been terminated by the two parties effective on March 29, 2019.

Dennis Uy’s Phoenix Petroleum nets P2.8 billion in 2018 as revenues...

PHOENIX Petroleum Philippines, Inc. reported an 82% increase in net income in 2018 to P2.77 billion in what it called a banner year after generating record revenues and profit.

PCC sets compliance period for CLC’s commitments for Trans-Asia acquisition

THE Philippine Competition Commission (PCC) is allotting a four-year period to monitor the compliance of Chelsea Logistics Holdings Corp. (CLC) with its voluntary commitments for its acquisition of Trans-Asia Shipping Lines, Inc.

SEC approves Dennis Uy firm’s P18.5-billion follow-on offering

THE Securities and Exchange Commission (SEC) has given the greenlight for the P18.488-billion follow-on offering of PH Resorts Group Holdings, Inc. as well as BDO Leasing and Finance, Inc.’s (BDOLFI) plan to issue P15 billion worth of commercial papers.

Dennis Uy-led firm, CNOOC get go-signal for LNG terminal

PHOENIX Petroleum Philippines, Inc. looks to break ground for its liquefied natural gas (LNG) facility with partner China National Offshore Oil Corp. (CNOOC) this year, after securing the energy department’s go-signal.

Dennis Uy’s firm gives P40-million downpayment for PXP Energy shares

THE holding company of Davao City businessman Dennis A. Uy has paid the 1% downpayment for its subscription to common shares in PXP Energy Corp., the listed oil and gas exploration company told the stock exchange on Tuesday.

Dennis Uy investing in PXP Energy

PXP ENERGY CORP. is raising P7.11 billion from the subscription of its shares by affiliate Philex Mining Corp., and a holding firm owned by businessman Dennis A. Uy.

SM to expand in Clark Global City

BUSINESSMAN Dennis A. Uy’s Global Gateway Development Corp. (GGDC) has engaged SM Prime Holdings, Inc. to be the first locator in its 177-hectare Clark Global City leasehold in Pampanga.

Dennis Uy gobbles up restaurant chain Conti’s

DAVAO-BASED businessman Dennis A. Uy is acquiring a majority stake in the owner and operator of popular restaurant chain Conti’s, as he continues to diversify his investments.

Dennis Uy buys stake in ISM for P1.28B

DAVAO-BASED businessman Dennis A. Uy continues his acquisition spree with the purchase of P1.28 billion worth of shares in listed firm ISM Communications Corp.

Dennis Uy buys 45% of ISM Communications

Davao-based businessman Dennis A. Uy continues his acquisition spree with the purchase of P1.28 billion worth of shares in listed firm ISM Communications Corp. In...

Dennis Uy’s Enderun plans to open Davao City campus in 2021

ENDERUN COLLEGES will open its first campus outside of Metro Manila in Davao City in 2021.

Dennis Uy-led firm shifting to resorts and gaming business

THE shareholders of Philippine H2O Ventures Corp. have approved on Monday the change in the company’s name to PH Resorts Group Holdings, Inc., paving the way for its shift to the resorts and gaming businesses.

Dennis Uy to buy stake in ISM via share issue

ISM Communications Corp. said its board has authorized the executive committee to issue shares, adding that Udenna Group’s Dennis A. Uy has “committed” to participate in the fund-raising exercise.

BusinessWorld Economic Forum 2018 tackles realities of disruption

Last May 18, BusinessWorld, the most read and most respected business newspaper in the Philippines, triumphantly staged the third edition of its annual BusinessWorld...

Dennis Uy-led firm to start work on Clark Global City this...

CLARK, PAMPANGA — Udenna Development Corp. (UDEVCO) will begin work on the first phase of Clark Global City within the year, as it aims to transform the area into the next central business hub in Luzon.

Dennis Uy to deliver keynote speech at BW Economic Forum

THE TWIN FORCES of innovation and disruption are sweeping the country’s current business landscape, and industry leaders must be quick to adapt or be...

Chelsea Logistics updates business description to add infrastructure, utilities

Chelsea Logistics Corp. (CLC) has amended its articles of incorporation to include infrastructure facilities and utilities as its businesses. The shipping and logistics company said...

Philippines’ finest entrepreneurs recognized at APEA 2017

Outstanding business leaders from the Philippines, who have exemplified remarkable leadership and tenacity in pursuing sustainable success, took center stage at the Asia Pacific...

Udenna wants ‘iconic tower’ built in Clark

DENNIS A. UY-LED Udenna Corp. is taking inspiration from cities like Paris, Chicago, and Singapore for its masterplan for Clark Global City (CGC), which...

Filipino businessmen dominate ASEAN Business Awards

NINE FILIPINO businessmen, including tycoons John L. Gokongwei, Jr. and Jaime Augusto Zobel de Ayala, were among the top winners at this year’s ASEAN...

Gokongwei, Uy lead awardees at ASEAN Business Awards

TOP FILIPINO businessmen, including John L. Gokongwei, Jr. and Dennis A. Uy, will be honored at the ASEAN Business Awards on Wednesday evening. With the...

Chelsea Logistics boosts Q2 earnings by 98%

NEWLY-listed Chelsea Logistics Holdings, Corp. (CLC) nearly doubled its net income in the second quarter of 2017, driven by the recognition of its share...

Chelsea Logistics kicks off IPO on strong note

By Krista Angela M. Montealegre National Correspondent CHELSEA LOGISTICS Corp. (CLC) kicks off the offer period for its P5.8-billion initial public offering (IPO) today with strong...

Uy’s Udenna completes Enderun acquisition

THE HOLDING FIRM of Davao-based businessman Dennis A. Uy has finalized its acquisition of Enderun Colleges, Inc., furthering its foray into the education sector. In...