Tuesday, May 5, 2026
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Tag: Udenna Group

Udenna’s food unit expands store network

Eight8ate Holdings Inc., the food and beverage (F&B) arm of the Udenna Group, is expanding its store network in 2024. Eight8ate president and chief executive...

PNOC EC withholds consent on sale of Shell’s Malampaya stake to Udenna

State-run PNOC Exploration Corp. said Wednesday it withheld its consent on the sale of the 45-percent stake of Shell Philippines Exploration B.V. in the...

PNOC EC weighs options on Udenna-Shell Malampaya transaction

The sale of the 45-percent stake of Shell Philippines Exploration B.V. in the Malampaya gas project to the Udenna Group of businessman Dennis Uy...

PCC: Competition review needed for Malampaya

The Philippine Competition Commission (PCC) was of the impression that important deals such as the Udenna Group’s $4.1 billion acquisition of UC Malampaya Philippines...

Gatchalian: Malampaya deal approval ‘defective’

There’s enough evidence that the decision rendered by the Department of Energy (DOE) to approve the sale of Chevron Malampaya’s 45-percent stake in the...

Cusi says firm offered P50m to fund PNOC

Energy Secretary Alfonso Cusi said he was offered P50 million for state-run PNOC Exploration Corp. to match the offer of Udenna Group to acquire...

DITO CME, global analytics leader tie up

DITO CME Holdings Corp., the communications, media, entertainment and ICT arm of the Udenna Group, has teamed with SAS, a global leader in analytics,...

Udenna acquires Shell’s 45% stake, takes over Malampaya

The Udenna Group is set to take control of the $4.5-billion Malampaya gas-to-power project in northwest Palawan after the Shell Group agreed to sell...

Dito Telecom to lead Uy’s telecom business

ISM Communications Corp. is being groomed as the listed telecommunication company of businessman Dennis Uy. ISM president Dennis Uy during the annual stockholders’ meeting said...

Uy transforms ISM into listed telecom firm

ISM Communications Corp. is being transformed as the listed telecommunication company of businessman Dennis Uy. ISM president Dennis Uy said during the annual stockholders meeting...

Uy’s PH Resorts hiking capital base to P15b from P8b

PH Resorts Group Holdings Inc., the holding company for the tourism-related businesses of the Dennis Uy-led Udenna Group, is again increasing its capital base...

Phoenix’s income rises 21% to P1.09b

Oil distributor Phoenix Petroleum Philippines said Wednesday net income in 2016 climbed 21 percent to a record P1.09 billion from P905 billion in 2015. The...

Phoenix sells units to parent company

Phoenix Petroleum Philippines Inc. said Monday its board approved the sale of wholly-owned subsidiaries Chelsea Shipping Corp. and Phoenix Petroterminals and Industrial Park Corp....
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