Gokongwei Plans to Build Casino in Cebu Worth P18B

John Gokongwei, owner of the Universal Hotels and Resorts Incorporated (UHRI), has pledged to finance 18 billion pesos for the casino venture that he will be constructing in Cebu. He plans to build the project in the South Road Properties of Cebu, indicating the conglomerate's...

PCC Declares Udenna Transactions as Null and Void

PCC issued a ruling that nullifies and voids the transaction of the Udenna Corporation owned by Dennis Uy last month. The commission determined that Udenna Corporation did not advise the PCC of the company's transactions with KGL Investment Cooperatief U.A. in 2016.

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