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Dennis Uy’s Phoenix Petroleum now 3rd biggest oil firm in PH
TYCOON Dennis Uy’s contribution to the campaign funds back in 2016 proved to be a very good investment as he was able to take his businesses where he wanted it to. After successfully securing 90 percent control of the Malampaya natural gas field, Uy’s Phoenix Petroleum has broken into the top three largest oil firms…
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Dennis Uy wants full control over Malampaya gas field
A STAUNCH presidential supporter is eyeing full control over Malampaya gas field which supplies 30 percent of the country’s energy requirement. Uy’s Udenna Corporation, which already owns 45 percent of Malampaya, has formally expressed interest to secure another 45 percent stake currently held by Shell Corporation. Should Udenna be able to compel Shell to sell…
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Cell sites to be built inside military camps
By Fernan Angeles PRESIDENTIAL staunch ally Dennis Uy should now be considered as the most powerful businessman in the Philippines after his Dito Telecommunity handily secured a contract that would allow a private telecommunications company to construct cell sites inside military camps. Defense Secretary Delfin Lorenzana admitted to have signed the contract with China-backed telecommunications…
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Dennis Uy’s telecom secures 25-yr franchise in 11 weeks
By Fernan Angeles RECORD-breaking best describes the most recent development that saw presidential ally Dennis Uy’s Dito Telecommununity secure a 25-year franchise to operate as the third telecoms firm in just a matter of 11 weeks. In voting 240 in favor with just seven opposed, the House of Representatives approved House Bill 7372 granting Dito…
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Duterte ally Dennis Uy quits as Dito-CME president
By Fernan Angeles A STAUNCH supporter and ally of President Rodrigo Duterte wanting his Dito CME Holdings to become the third telecommunications company in the country has resigned from his corporate post as President. Billionaire businessman Dennis Uy, however, will remain on the board as Chairman and Chief Executive Officer. Replacing him as President is…