Rappler's latest stories on Udenna Corporation
Dennis Uy's Udenna nets P3.4 billion in 2019, wary of virus impact for 2020
Udenna Land delivers strong revenues for Dennis Uy's growing empire, but the coronavirus pandemic hurts prospects for 2020
Dennis Uy: 'No intention' to buy ABS-CBN
'Let me be clear once and for all and say that we, in Udenna Corporation, have no intention to acquire ABS-CBN,' says billionaire Dennis Uy
Dennis Uy completes acquisition of 45% of Malampaya
The Malampaya gas field supplies roughly 30% of the total national demand for electricity
Dennis Uy gets PCC approval to buy 45% of Malampaya
The Philippine Competition Commission says Dennis Uy's acquisition of Chevron Philippines' shares in the Malampaya gas facility will not reduce market competition
Former ABS-CBN exec to head Dennis Uy's media arm
Donald Lim will be Dito CME's chief operating officer and the Udenna group's chief innovation officer
Dito Telecom campus to rise in Clark Global City
The 3rd major telecommunications player says the campus is patterned after Google's headquarters and will house its data center
Dennis Uy, China Telecom ink $5.4 billion deal for 3rd telco
The signing is held at the 2nd Belt and Road forum held in Beijing, China, with several business leaders from the Philippines, China, and other Asian nations attending it
Gov't bias toward China seen in 3rd telco race
But Fitch Solutions concedes that China Telecom has the technical expertise to compete with Smart and Globe
3rd telco Mislatel brushes off national security worries
'We are a Filipino company. We will never allow our national security to be undermined,' says Udenna Corporation spokesperson Adel Tamano
[ANALYSIS] Disturbing red flags in the 3rd telco selection
Suspicions of cronyism, as well as serious national security and privacy concerns, deserve more than a passing glance from our leaders and policymakers
IN CHARTS: Udenna Corp-China Telecom's promises
Provisional 3rd telco winner Mislatel promises to blow away Smart and Globe with super fast internet and wide coverage – at a very hefty price
Dennis Uy-China Telecom consortium provisionally named 3rd telco
(UPDATED) Their group, called Mislatel Consortium, garners a total of 456.8 points out of 500 under the criteria
Uneven playing field? Disqualified bidders slam 3rd telco rules
PT&T and Sear Telecom both need to pay a non-refundable appeal fee of P10 million, if they choose to file motions for reconsideration on their disqualification
Only Dennis Uy-China Telecom bid qualified, 2 others incomplete
The bid documents of the Dennis Uy-China Telecom consortium are deemed qualified, while Sear Telecom and PT&T are both disqualified, which the two can still appeal
China Telecom, Dennis Uy's Udenna Corp team up for 3rd telco bid
President Rodrigo Duterte previously said he wants a Chinese company to be the 3rd major telecommunications player
Dennis Uy takes a slice of Conti's resto
The deal solidifies Davao-based tycoon Dennis Uy's presence in the restaurant industry
Dennis Uy to bring BGC to Pampanga
Davao businessman Dennis Uy's Udenna Corp. aims to make Clark Global City as the 'new center' of the country in the next 10 years
PCC approves merger of Dennis Uy's Udenna with 2GO shareholder
Udenna Corporation, holding firm of tycoon Dennis Uy, pays the Philippine Competition Commission P19.6 million as penalty for initially failing to notify the antitrust agency about the merger
Dennis Uy's Udenna to challenge PCC decision or file notification
Udenna is weighing two options – challenge the PCC decision by filing a motion for reconsideration or a court petition, or fulfill the PCC requirement to file a notification of its acquisition
PCC voids merger of Dennis Uy's Udenna with 2GO shareholder
The holding company of Dennis Uy is also being penalized over P19 million for its alleged failure to notify the Philippine Competition Commission of its merger with a Dutch company, which indirectly holds shares in 2GO's parent firm
How to grow a business, according to Dennis Uy
The 43 year old businessman from Davao – also a staunch supporter of President Rodrigo Duterte – is one of the most aggressive dealmakers in the country acquiring companies left and right
Chelsea Logistics' final offer price: P10.68 each
This is lower compared to the P14 63 maximum offer price earlier set by the company
PSE approves Dennis Uy's Chelsea Logistics IPO
Priced at P14 63 each Chelsea Logistics expects to earn P7 59 billion from the initial public offering to fund its fleet expansion and acquisition of logistics and shipping firms among others
Ex-2GO chief decries attack over accounting scandal
The only explanation for this fiasco is that the new external auditor might have found an opportunity to get back at us says Sulficio Tagud Jr
Doubts hound KPMG following 2GO accounting scandal
But KPMG RG Manabat says that its audit was based on the judgment and estimates made by 2GO management during that period
2GO management, auditors may face over P1-M fine
An investigation is underway into the restated financial statements of 2GO with the Securities and Exchange Commission looking into possible misrepresentation
Dennis Uy, Duterte's friend, creates P100-M mutual fund for gov't troops
The mutual fund would offer financial security to soldiers and policemen as well as their families through sound investment practices and guidance programs
Dennis Uy's Chelsea Logistics gets SEC approval for IPO
The Securities and Exchange Commission approves Chelsea Logistics Corporation s planned P8 billion initial public offering
2GO appoints new CFO, reports lower 2015, 2016 profits
Dennis Uy the newly appointed 2GO chief says the restatement was made to ensure fair presentation of financial statements and establish accountabilities
Dennis Uy's Udenna Corporation buys Enderun Colleges
The acquisition supports Udenna s aggressive expansion in industries vital to the Philippine economy s further growth says Davao based businessman Uy
Dennis Uy's Chelsea Logistics wants a bigger pie of 2GO
Chelsea Logistics which aspires to become the prime mover of goods and passengers in the Philippines plans to raise P8 billion via IPO in July
Chelsea Logistics plans to go public to make the most of ASEAN trade
CLC is the second company under the Udenna Group to go public following the listing of Phoenix Petroleum Philippines in 2007
