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Uy-led Udenna Corporation, through its food business unit Eight-8-Ate Holdings, Inc., has fully acquired 51 Wendy’s restaurants in the Philippines. dennis uy malampaya deep water-gas pilipinas shell petroleum corp udenna corp. Udenna Corp., controlled by businessman Dennis Uy, said Monday it will exercise its right as a member of the Service Contract 38 consortium to acquire the 45-percent stake of Shell Philippines Exploration B.V. in the $4.5-billion Malampaya natural gas project. Dennis Uy, chair and president of Udenna Corporation, was given the ASEAN Entrepreneurial Excellence Award during the EY Singapore’s Entrepreneur of the Year Awards Gala Night 2019 held recently at The Ritz-Carlton, Millenia Singapore. Among its major lenders were BDO Unibank Inc., Philippine National Bank and Bank of China. Addressing his namesake governor, the Converge boss noted that his cable and fiber internet business originated in Angeles City. But that didn’t materialize. DENNIS UY-LED Udenna Group wants no other new members in the Malampaya consortium, saying it will exercise its pre-emptive rights in order for … Prior to the transaction, the company owned 82.28 percent. Take note, dear readers: policemen and not health professionals like […] It was the second acquisition announced in as many days for Udenna, which on Tuesday said it was acquiring all 51 branches and the master franchise of American hamburger chain Wendy's in the Philippines. At that time, it was thought that ISM will be the back-door listing vehicle for DUs holding company Udenna Corp. DENNIS A. UY, Filipino, 43 years old, is the founder and Chairman of the Company. Udenna raises … GOVERNMENT officials in charge of preventing the spread of the coronavirus disease 2019 (Covid-19) have come out with bizarre ideas. Ltd., wholly-owned unit of Udenna Corporation, on Wednesday announced it has completed its buy-out of Chevron Philippines’ share in the Malampaya Consortium, equivalent to a 45% stake in the gas field in offshore Palawan. Udenna bought Chevron's shares in November last year, subject to regulatory approval. Udenna Corp. now holds 86.59 percent of PH Resorts following the issue of new shares. Sponsored Articles Where can optimism take you? PH RESORTS Group Holdings, Inc. (PHR) has approved the issuance of 1.69 billion common shares in favor of Udenna Corp. Udenna Group’s gaming and hospitality subsidiary will issue additional shares for the deposit for future stock subscription at P1.68 each, or the same price as the follow-on offering price of shares listed last Nov. 5, PHR said in a disclosure on Monday. MANILA -- Businessman Dennis Uy's Udenna Corp said Wednesday it bought Chevron's 45-percent stake in the Malampaya gas field. PCC Approves Merger of Dennis Uy’s Udenna with 2GO Shareholder. Dennis Ang Uy (born 1973 or 1974) is a Chinese-Filipino businessman and diplomat who is a native of Davao City and is the founder of Udenna Corporation which has stakes in various businesses including Phoenix Petroleum.He is also the chairman of 2GO Group … $565-M Malampaya Deal Between Dennis Uy-led Udenna, Chevron Flagged For Possible Violations Senators said Chevron Malampaya LLC’s sale of its 45 percent stake in the Malampaya natural gas project in offshore Palawan to Udenna Corp.’s UC Malampaya Philippines Pte Ltd. did not have prior government approval as required by law. Tycoon Dennis Uy is in the headlines once more, this time for Udenna Corporation’s expressed interest to secure Shell’s 45 percent stake in the Malampaya gas field. Uy’s entrepreneurial story is “truly outstanding,” said Max Loh, EY Asean Regional managing partner. Dennis Anthony H Uy is CEO/Co-Founder at Converge ICT Solutions Inc. See Dennis Anthony H Uy's compensation, career history, education, & memberships. Tycoon Dennis Uy on Sunday denied that Udenna Corporation—the holding company for the Davao-based businessman's businesses—has plans to buy embattled ABS-CBN Corporation. Udenna Corp. already owns 45 percent of Malampaya, while the government, through the state-owned Philippine National Oil Company Exploration Corporation (PNOC-EC), owns the remaining 10 percent. In his speech, Uy, not to be confused with Davao-based Dennis Uy of Udenna Group, spoke about his dream of creating a “digital transformation highway” in the whole Luzon island. He is the Chairman and President of Udenna Corporation, the parent company, which has businesses in the shipping, logistics, distribution, real estate, and service industries. 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