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Uy’s Udenna pursues oil exploration contracts

DENNIS A. UY’s Udenna Corp.  (UC) is applying to explore two petroleum blocks in the contested West Philippine Sea under the government’s energy contracting program.

Udenna reports P3.4-billion net profit

UDENNA Corp. posted a net profit of P3.39 billion in 2019 driven by the robust performance of its property development business.

Udenna takes over Chevron stake in Malampaya

UDENNA CORP. said on Wednesday that its unit had completed the acquisition of Chevron Malampaya LLC’s 45% stake in the Malampaya gas-to-power project located offshore of northwest Palawan.

Mislatel consortium finishes on step towards operation

NEW telecommunications player Mislatel consortium — made up of Chelsea Logistics and Infrastructure Holdings Corp., China Telecommunications Corp., and Udenna Corp. — said it completed the signing of the share-purchase agreement with franchise holder Mindanao Islamic Telephone Company, Inc. (Mislatel), as it moves forward in securing government requirements to receive its permit to operate and frequencies.

Udenna unit PH Resorts sheds 12% after approval of share offer

THE Philippine Stock Exchange (PSE) approved Udenna Group unit PH Resorts Group Holdings, Inc.’s (PHR) plan to conduct a follow-on offering of primary shares, with the stock responding by tumbling nearly 12%.

ISM mulls follow-on offering this year

ISM Communications Corp. said it may conduct a follow-on offering within the year depending on market conditions, following the entry of Davao-based businessman Dennis A. Uy’s group that would transform the firm into Udenna Holdings Corp.

Now under Udenna, Conti’s plans for more branches with Instagrammable interiors

CONTI’S Bakeshop and Restaurant, the well-loved source of holiday Mango Bravo cake along with other goodies, was gobbled up by Davao-based Dennis Uy’s Udenna Corp. last year. As it stands, expect a few changes in the coming year for the familiar brand including a major expansion.

Udenna seeks Davao City council endorsement on P30B monorail project

DAVAO CITY — The Udenna Group of Davao-based businessman Dennis A. Uy has requested the Davao City council to endorse its unsolicited proposal to set up a P30-billion monorail project, which has already been granted Original Proponent Status by the Department of Transportation.

H2O investors hold on to shares after Udenna offer to buy

NO SHARES were tendered after Udenna Corp. offered to buy 37.994% of Philippine H20 Ventures Corp.’s issued and outstanding common shares to complete its acquisition of the company.

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...

2GO Group, Inc.: Moving businesses and the country forward

2GO Group, Inc. is regarded as one of the premier transport and logistics providers in the Philippines which legacy of leadership and services was...

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...

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...