Dennis Uy avoids default after payment of Clark project debt
Udenna Corp., the holding firm of Davao-based businessman Dennis Uy, said Monday, July 25, that it has settled the debt it incurred for its Clark project.
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Udenna Corp., the holding firm of Davao-based businessman Dennis Uy, said Monday, July 25, that it has settled the debt it incurred for its Clark project.
The Bangko Sentral ng Pilipinas (BSP) has downplayed the impact of a possible loan default of big borrower Udenna Group of Davao-based businessman Dennis Uy on the banking system, saying the involved banks such as BDO Unibank Inc. can take care of it. BSP officials on Saturday, July 23, sa
DAVAO businessman Dennis Uy has dropped his investments to put up an integrated resort and casino in Clark Global City in Pampanga, as he wants to focus his attention on the company’s huge gaming and resort site in Mactan in Cebu. In its disclosure, Clark Grand Leisure Corp., a subsidiary…