7 months If you’re not selling, don’t be afraid of Dennis Uy Manilatimes |Biz
EMETERIO SD. PEREZThe Zobels should not worry about their kingdom that is Ayala Corp. (AC) and its subsidiaries. Even First Pacific Co. Ltd. should not fear Dennis Uy, who may now be considered the new takeover king of companies that have either their common or non-voting preferred shares listed on the Philippine Stock Exchange (PSE). Uy and his family pose no threat to either AC or Mermac Inc., AC’s principal stockholder, or First Pacific. The public stockholders of the Zobel-owned holding company would never betray them because they actually own only a very small portion of outstanding AC common ... more