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Jun 1, 2018 @ 22:58

Dennis Uy joins Atok Big Wedge’s board

 

Atok Big Wedge, the mining and oil unit of the group of bilyonaryo Roberto Ongpin, has announced the appointment of Davao-based businessman Dennis Uy as independent director.

Uy’s entry into Atok Big Wedge has sparked takeover speculation.

Former Rizal Commercial Banking Corp. president Lorenzo Tan was also elected as independent director of Atok Big Wedge

Uy has been on a buying spree in the last two years, acquiring control of logistics giant 2GO and various shipping companies, as well as the local FamilyMart convenience store franchise and Enderun Colleges.

He has also taken over Clark Global City Corp., which is developing a $1 billion logistics hub in Clark.

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