MANILA – The Philippine Competition Commission on Monday said it has cleared a key deal in Davao-based businessman Dennis Uy’s push to secure a majority stake in shipping company 2GO. The PCC said it approved the buyout by Uy’s Udenna…
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 MANILA, Philippines – The Philippine Competition Commission (PCC), the country’s antitrust agency, approved Udenna Corporation’s…
Chelsea Logistics Holdings Corp. (CLC) reported that its net income for the first quarter of 2018 reached P115 million, an increase by 326% from the P27 million it earned in the same period last year. Its revenue also grew by…
Chelsea Logistics Holdings Corp. saw earnings surge in the first quarter of 2018, bolstered by recent acquisitions. Chelsea Logistics, controlled by businessman Dennis Uy, posted a profit of P115 million during the three-month period, up 326 percent, as shown in a…
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