udenna | ABS-CBN News

Udenna eyes growing Wendy's, Conti's store network

Warren de Guzman, ABS-CBN News
Posted at Mar 15 05:20 PM

Udenna Group's food arm Eight8Ate eyes expanding its brands Wendy's and Conti's store network to 200 this year, an official said on Wednesday. Read more »

All-Filipino consortium completes Malampaya maintenance work: DOE

ABS-CBN News
Posted at Feb 20 12:17 PM

Maintenance works on the Malampaya gas project scheduled on Feb. 4 to 18 has been completed by an all Filipino-owned consortium for the first time. Read more »

Dissecting Dennis Uy's mountain of debt

Warren de Guzman, ABS-CBN News
Updated as of Nov 03 11:18 PM

Just adding up the total liabilities of Dennis Uy's listed companies puts his debt level at P287.86 billion as of the end of June 2022. Read more »

Prime Infra inks deal to acquire Malampaya operator

ABS-CBN News
Posted at Jul 29 03:15 PM

Enrique Razon's Prime Infra said it signed an agreement for its acquisition of MEXP Holdings from a subsidiary of Dennis Uy's Udenna Corp. Read more »

Dennis Uy's Udenna paid $4.8-M to state-owned Clark firm

Warren de Guzman, ABS-CBN News
Posted at Jul 26 07:11 PM

Udenna officials on Tuesday confirmed the total settlement paid to Clark International Airport Corporation on Monday was $4.8 million or P274 million. Read more »

Dennis Uy's Udenna settles debt issue with creditors

ABS-CBN News
Posted at Jul 26 12:28 AM

A Filipino businessman allied with former President Rodrigo Duterte claims to have avoided a possible string of defaults after settling his debt with creditors. Read more »

Udenna says issue with state-owned Clark firm 'settled'

ABS-CBN News
Updated as of Jul 25 04:03 PM

Dennis Uy's Udenna Corp said the issue between its unit Clark Global City Corp (CGCC) and the Clark International Airport Corp (CIAC) has been settled. Read more »

Dennis Uy firm says to 'immediately resolve' issue with CIAC

ABS-CBN News
Updated as of Jul 25 01:06 PM

Dennis Uy's Udenna Corp through another subsidiary on Monday said its unit Clark Global City Corp (CGCC) and the Global Gateway Development Corp (GGDC) did not fail to make repayment of any bank debt or interest. Read more »

Dennis Uy's Udenna insists not in debt default

Warren de Guzman, ABS-CBN News
Updated as of Jul 23 11:48 PM

Default occurs when a borrower fails to make required interest or principal repayments on a debt. Read more »

Malampaya to benefit from potential Razon entry: DOE

ABS-CBN News
Posted at Jun 03 04:14 PM

The potential entry of Enrique Razon's firm could boost the financial standing of the consortium running the Malampaya gas project, the DOE said. Read more »

Dennis Uy's Udenna says partnerships 'normal' amid report of potential asset sale

ABS-CBN News
Posted at May 13 07:42 PM

Udenna Corp run by Davao-based businessman Dennis Uy on Friday said partnerships have always been part of its philosophy amid reports that the firm is eyeing the sale of big assets. Read more »

[OPINION] The Malampaya Dream

Dean Dela Paz
Posted at Apr 14 03:50 AM

While we are besieged by escalating fuel prices and runaway inflation due to our dependence on imported fuels and the war in Ukraine, the Malampaya controversy presents some real and immediate answers. Read more »

Fil-Ams urge boycott of Chevron over Malampaya gas project buyout

Rommel Conclara | TFC News California
Posted at Feb 25 09:40 AM

A group urges fellow Filipino-Americans to boycott the oil giant over the sale of its subsidiaries in the Malampaya to Udenna Corporation. Read more »

Senate seeks raps vs Cusi, other DOE officials over Malampaya sale

Warren de Guzman, ABS-CBN News
Updated as of Feb 04 10:11 PM

The Senate transmitted to the Ombudsman on Friday its resolution calling for corruption charges to be brought against Energy Secretary Alfonso Cusi and other energy officials involved in the Udenna-Chevron Malampaya deal. Read more »

Cusi pinagbibitiw bilang DOE secretary

ABS-CBN News
Posted at Feb 03 08:02 PM

Pinagbibitiw ni Sen. Sherwin Gatchalian si Energy Secretary Alfonso Cusi dahil sa umano'y maanomalyang pagbili ng Udenna Corp. ng stake sa Malampaya. Read more »

DITO says willing to 'partner' with next administration

Jessica Fenol, ABS-CBN News
Posted at Feb 03 04:15 PM

DITO Telecommunity on Thursday said it is willing to "partner" with the next administration as the country's third major telco expands its network. Read more »

Cusi pinagbibitiw ni Gatchalian dahil sa umano’y katiwalian

ABS-CBN News
Posted at Feb 02 10:59 PM

‘Ako ay nanawagan kay Secretary Cusi at kaniyang mga subordinates na magbitiw na sa puwesto sa lalong madaling panahon,’ ani Gatchalian. Read more »

DITO says business 'viable' despite DITO CME deferred stock rights offer

ABS-CBN News
Posted at Feb 01 09:18 AM

DITO Telecommunity said it remains as sustainable business despite DITO CME's announcement that it would defer its stock rights offer due to unfavorable market conditions. Read more »

PSE lifts trading halt on DITO CME after refund promise

Art Fuentes, ABS-CBN News
Posted at Jan 31 10:02 PM

The Philippine Stock Exchange said it will again allow DITO CME shares to be traded after the company vowed to refund investors in its scuttled share sale. Read more »

DITO CME trading halted after share sale deferment

Art Fuentes and Jessica Fenol, ABS-CBN News
Updated as of Jan 31 11:48 PM

In a statement dated Jan. 29, DITO CME said it had notified both the SEC and PSE of its decision to cancel the stock rights offer. Read more »