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News and Events

Clark Overtakes Cebu as 2nd Most Active Office Property Market in PH

High demand is driven mostly by the Dennis Uy-led Clark Global City project

Clark Freeport emerged as the country’s second largest office market in the first nine months of 2018, according to real estate analyst Leechiu Property Consultants (LPC). It overtook Cebu, which has been the country’s second largest market for office transactions in the ...

by Lorenzo Kyle Subido  | September 18, 2018 05:00:00
News and Events

Dennis Uy's Udenna Corp. Buys 70% Stake in Bakery and Restaurant Chain Conti's

The remaining 30% will remain with the company's original owners

Dennis Uy-led Udenna Corp. announced it has entered into a share-purchase agreement with Conti’s Holdings Corp. (CHC) giving the company a 70-percent stake in restaurant and bakery chain Conti’s. The rest of the company will remain with its original owners.In a statement ...

by Elyssa Christine Lopez  | September 10, 2018 04:00:00
News and Events

Dennis Uy Buys 45% Stake in ISM Communications as Share Price Doubles Since June

Davao businessman pays Php1.28 billion for equity position in a company that used to own telco assets

Listed company ISM Communications Corp. announced that it has approved the acquisition of 45 percent of its total outstanding shares by Dennison Holdings Corp., a company owned by Davao-based businessman Dennis Uy.In a disclosure to the Philippine Stock Exchange (PSE) on August ...

by Lorenzo Kyle Subido  | August 17, 2018 12:00:00
News and Events

Dennis Uy's Clark Global City Signals Shift in Country's Growth Hub to Central Luzon

Uy’s Udenna Corp is spending $5 billion to develop the ”?"new center” of business

Dennis Uy, founder and CEO of Udenna Corp, speaks during the unveiling of the master plan for Clark Global City in PampangaThe Udenna Group has unveiled the master plan for Clark Global City (CGC), its biggest real estate development thus far.Udenna is ...

by Paul John Caña  | June 01, 2018 09:00:00
News and Events

From Gas Stations to Shipping to Casino Resorts: The Unstoppable Rise of Dennis Uy

At just 43, the Davao entrepreneur known for his close ties to the president has built a business empire worth billions

Starting with oil retail, Davao native Dennis Uy has since built up his business empire to include a logistics company, convenience store chain, hospitality management school and gamingWhen the local oil industry was deregulated in 1998, it paved the way for smaller ...

by Paul John Caña  | May 18, 2018 09:00:00
News and Events

Anti-Trust Body Voids Key Deal in Dennis Uy’s Takeover of Negros Navigation and 2GO Group

Philippine Competition Commission also fines Uy’s Udenna Corp. and Dutch counterparty Php19.6 million

The Philippine Competition Commission (PCC), the country’s anti-trust watchdog formed only in 2016, has voided a key transaction in Dennis Uy’s acquisition of a controlling stake in shipping and logistics companies Negros Navigation and 2GO Group.In a 33-page decision made public on ...

by Elyssa Christine Lopez  | February 19, 2018 07:00:00
News and Events

How Much Money You Would Have Made (or Lost) if You Bought IPO Stocks in 2017

A look back at the market performance of four companies that listed at the PSE this year

In 2017, four companies launched initial public offerings (IPOs) and listed on the Philippine Stock Exchange (PSE). While this puts it at par with the previous two years, which also saw four IPOs each, this is lower than the target of six ...

by Lorenzo Kyle Subido  | January 03, 2018 09:00:00
News and Events

Robbie Antonio, Dennis Uy, Jack Tuason Tie Up to Build Modular Restaurants

Revolution Pop promises would-be restaurant owners well-designed dining place in 90 days

(from left to right) Daniel Perez, Senior Vice President of Operations for Enderun Colleges; Dennis Uy, Chairman of UDENNA Corporation; Jack Tuason, Founder of Enderun Colleges; Robbie Antonio, CEO of Revolution Precrafted; Luc Froelich, Project Lead, Revolution PrecraftedMuch like how hungry foodies can ...

by Elyssa Christine Lopez  | November 02, 2017 06:00:00
News and Events

Davao Tycoon Dennis Uy Eyes FamilyMart to Complement His Phoenix Petroleum

Acquisition seen to boost Duterte adviser’s 500+ retail gasoline stations

Listed independent oil company Phoenix Petroleum Philippines is set to acquire the Philippine arm of Japanese convenience store chain FamilyMart, according to a disclosure to the Philippine Stock Exchange (PSE) last October 30.In the disclosure, Phoenix Petroleum revealed that it had signed ...

by Lorenzo Kyle Subido  | October 30, 2017 04:00:00
Run & Grow

20 Outstanding Filipino Businessmen and Entrepreneurs You Should Know

Taken from Town and Country's 2017 list of 101 People You Must Meet Right Now, here are exceptional entrepreneurs who are transforming the business landscape in the country and beyond.

1. JD AbenezaThe technopreneur was one of the big winners at last year's ASEAN Business Awards, as his game development company, Zeenoh, was voted Best Innovative SME. Founded in 2008, Zeenoh's smartphone games are designed with a strong Filipino influence. It released ...

by Pierre A. Calasanz for TownandCountry.ph  | September 19, 2017 08:00:00
News and Events

Becoming Big Brother: How SM Group’s Early Support Spurred the Rise of Davao Tycoon Dennis Uy

Phoenix Petroleum founder recalls how BDO’s first clean loan helped the oil company grow

Long before entrepreneurship advocate Jose Ma. “Joey” Concepcion III launched the Mentor Me Program where big business leaders act as some sort of “big brother” to small business owners, an early version of the relationship was already playing out between the country’s ...

by Elyssa Christine Lopez  | September 15, 2017 09:00:00
News and Events

John Gokongwei Jr., Dennis Uy, Teodoro Ferrer Lead PH Winners in ASEAN Business Awards

Eight Filipino businessmen and women were recognized in the annual awarding of the region’s best enterprises

Eight Filipino businessmen were among the 24 awardees of the 10th ASEAN Business Awards (ABA), an annual recognition of excellent businesses within the region. The awarding ceremony was held last September 6 at the Solaire Resort and Casino in Pasay city.President Rodrigo ...

by Lorenzo Kyle Subido  | September 07, 2017 10:00:00
News and Events

How Rich Is Davao-Based Entrepreneur Dennis Uy?

The fast-rising entrepreneur is on his way to establishing a diversified business empire

The listing of Chelsea Logistics Holdings Corp. on August 8 caps more than a year of frenzied mergers and acquisitions as well as fresh ventures for Dennis Uy, the emerging Davao-based tycoon. The 43-year-old entrepreneur first rose to national prominence after he ...

by Lorenzo Kyle Subido  | August 08, 2017 04:00:00
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