Udenna Corporation is a holdings company by the Udenna Group of Companies which is based in Davao City, Philippines founded by businessman Dennis Uy.Primarily involved in the petroleum and shipping industry in its initial years of existence, the company later diversified and became involved in other industries such as real estate and telecommunications. Udenna said on Nov. 12, 2019 that it acquired the master franchise and all 51 outlets of the American fast … BOX769. Go Negosyo founder Jose Ma. He is also on the board of Granland Resources Corp. and Aquamines Philippines, Inc. and Director-Davao Chapter at Philippine National Red Cross. “You always have to look out for opportunities whether small or big or whether it’s aligned to what you’re doing or not,” Uy said. President Duterte has also been a strong critic of the current telecommunications duopoly. I SALUTE Valenzuela City Mayor Rex Gatchalian for doing his job and demonstrating what political will can do. “We look at industries where we can be where we can be in the top 5, or where we have the means to compete or there is room to serve the customer better.”. Some members of the family went into politics in Mindanao. Digong has probably forgotten that Marcos was able to do away with the oligarchs in his time but a new set of oligarchs replaced the old. This website uses cookies to ensure you get the best experience on our website. TAGS: Dennis Uy, PH Family Mart, Phoenix Petroleum. Streamtech Systems Technologies, Inc., led by the Philippine’s richest person Manuel Villar, withdrew from the race. Dennis belongs to the third generation of the Uy family whose ancestors Ega Uy and wife Tao Sui Eng were migrants from Fujian, China who settled in … After Duterte encouraged the Chinese wireless giant to join the competition, Norway’s Telenor ASA and Austria’s Mobiltel AG, which had bought documents to participate, didn’t bid. By continuing to use this website without disabling cookies in your web browser, you are agreeing to our use of cookies. WHILE many individuals and institutions are blowing their horns about helping to alleviate the hunger of the poor in the country, a Taiwanese humanitarian... TODAY, I am glad to share with you our Postcards from the Future for Clark Freeport Zone. Udenna Corporation (UDENNA) is the parent company of the UDENNA Group of Companies. And the motorcycle should have a plastic barrier between the driver and the passenger, another loony idea to come out of the heads of these officious bureaucrats. Dennis Uy (Bloomberg file Photo) Uy went to see the local mayor, a family friend from childhood, for advice. Razon, with a net worth of about $4.6 billion, is the country’s richest person after Villar, according to the Bloomberg Billionaire’s Index. Digong may have dismantled the oligarchic empires of the Ayalas, Pangilinan, Consunji and Filipinos with one-syllable surnames, but another one-syllable family name is cropping up: Uy – for Dennis Uy. 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. 3 Philippine gasoline retailer after taking market share from Royal Dutch Shell Plc.’s local unit and Petron by offering round-the-clock service to business clients such as Cebu Air, Inc., part of the Gokongwei group. newsinfo Water remains our saving grace right now. Another witless idea is to disallow even married couples to ride in tandem on a motorcycle because they might infect each other. The latest harebrained idea is for policemen to go house-to-house in search of coronavirus patients and compel them to be confined in government-run quarantine facilities. The Soongs, however, will still retain a 30 percent stake in the new company. These officials remind me of the comic strip, “The Katzenjammer Kids,” who always did pranks. It is now the No. Dennis Uy Dennis Uy has been the making noise in the business community. Uy built his group on the foundation of Phoenix Petroleum, which he started in 2002, four years after the nation deregulated its oil industry. In a … Uy's grandparents, Ega Uy and Tao Sui Eng were ethnic Chinese who settled in Davao as merchants and had a store which sold fishing equipment and bread while his parents ran a small business which sold copra. Dennis Uy’s Malampaya Philippines Pte. Take note, dear readers: policemen and not health professionals like doctors and nurses. Ayala is led by Chairman Jaime Augusto Zobel de Ayala II, a frequent Duterte target. Uy said his aggressive expansion under Duterte is partly from confidence that the president has created a level playing that allows an outsider like him to do business. “Uy’s main challenge now is making these businesses work and turning Udenna into a holding that would last beyond Duterte.”, Uy says his connection to the president isn’t the reason for his success. Mass testing should have been done in January, the early stages of the pandemic. The service may not be perfect but Angeleños are fortunate to have a Dennis Uy who always has the grit to improve and excel on his ventures and services. The mayor was Rodrigo Duterte, the country’s current President. Belle is part of the family-controlled empire built by the late Henry Sy. Billionaire in 3 Minutes Dennis Uy is an example of patience and timing is important to success. “He said my image is soft, so I should practice before a mirror saying, ‘You son of a b****,’ 100 times,” Uy said in an interview in Manila. In a disclosure to the Philippine Stock Exchange… If Duque is incompetent, what do you expect of the officials at the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) who are not health professionals but mostly military men? With traffic at the North Luzon Expressway... AS always, my interest is in the constitutional theory of impeachment. The governor was present at the launch of the book “Our Dennis Anthony H. Uy, Angeles City’s Own Mogul.” 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. Populist President Rodrigo “Digong” Duterte takes pride in having dismantled the country’s oligarchy without declaring martial law as President Ferdinand Marcos did in 1972. Philippine tycoon Dennis Uy has built an empire spanning oil, shipping, casinos and telecommunications, but eight years ago his oil-trading business was in trouble over government allegations of fuel smuggling. In a disclosure to the Philippine Stock Exchange (PSE) on Monday, October 30, Phoenix Petroleum said that “a Memorandum of Understanding was signed on October 30, 2017 between […] For now, happy celebrations come in a box! “He said my image is soft, so I should practice before a mirror saying, ‘You son of a b****,’ 100 times,” Uy said in an interview in Manila. But the incompetent Health Secretary Francisco Duque 3rd never thought of mass testing. The Board Engaged The Audit Firm. “I’ve been always confident on the Philippines, but it’s different when you know the leadership and you are both from the same place,” Uy said. Dennis Uy was born and raised in Davao City to an ethnic Chinese family based in Davao City and is part of the Uys' third generation. YOUNG Davao-based tycoon Dennis Uy, whose wealth has increased exponentially during the administration of President Rodrigo “Digong” Duterte, reportedly owed the Bureau of Customs P130 million in customs taxes and duties during the previous Aquino 3rd administration. With a casino, Uy will be in competition with Enrique Razon, a third-generation heir of a ports and cargo empire who founded Bloomberry Resorts Corp., developer of the Solaire Resort and Casino in Manila’s Entertainment City suburb. Gorres. In 2018, Uy’s teamed up with China Telecommunications Corp., to win a telecommunications license to challenge the duopoly of Smart Communications, Inc. and Globe Telecom, Inc. Uy had no previous experience as a carrier, but his company, now called Dito Telecommunity Corp., emerged as the sole bidder. CVC Capital invests P6 B in Fast Group to expand logistics business, Gov’t studying technical option to broaden foreign ownership in RE projects, SMC taps Dutch firm for airport land development, CREBA joins Mayor Gatchalian’s bid to end traffic mess at NLEX, Sun Life expects ‘U-shaped’ economic recovery, SMC targets156 Autosweep RFID stations end December, Good news: Lower electricity prices this holiday season, Lower electricity rates expected in next billing, Revised rules to speed up resolution of IPR cases. At 2GO Group, Dennis Uy has 13 colleagues including Frederic DyBuncio (CEO), Francis Chua (Vice Chairman of the Board)… × We use cookies to provide a better service. SyCip. Davao-based businessman Dennis Uy has earned the trust of the Philippines' richest family, the Sys, who backed him in his foray into shipping and logistics Aug 15, 2017 10:04 AM PHT Chrisee Dela Paz Muralla cor Recoletos Sts. The Cayman firms were used for Uy’s P500-billion takeover of the Clark project from Kuwaiti investors. The carrier’s largest shareholders include JG Summit Holdings, Inc., the banking, aviation and retail conglomerate now run by Lance Gokongwei, founder John Gokongwei Jr.’s son. The comic strip characters were funny but the quarantine officials are not; they’re lunatics. Question: Under The New Management, Led By Businessman Dennis Uy And The Sy Family's SM Investments Corp. “If you survived petroleum and shipping, it trains you to be battle-ready,” said Uy, 46. These figures were culled from the report made by Uy to the Securities and Exchange Commission in compliance with the disclosure requirements for its backdoor listing through ISM Communications Corp. of Marcos crony Roberto Ongpin to hold Uy’s P72-billion assets. 10/22/2020. Che’s party was a milestone for me as it was the first social event I … He is the eldest among siblings. 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