Chelsea Logistics updates corporate name to show expansion into infra, telecoms
Chelsea Logistics Holdings Corp. (CLC) is renaming itself Chelsea Logistics and Infrastructure Holdings Corp. to reflect its business expansion plans and growth prospects in…
Davao City—The 2Go Group, Inc. formally launched on Oct 28 its service reconnecting Manila and Davao. The reopening of the Davao-General Santos-Iloilo-Manila and vice…
PCC begins review of Udenna takeover of Trans-Asia after notification filed
The Philippine Competition Commission (PCC) has started phase one of its review of Udenna Corporation’s takeover of Trans-Asia Shipping Lines following the holding company’s…
PCC oks Chelsea acquisition of KGLI, but voids Trans-Asia takeover
The Philippine Competition Commission (PCC) has cleared Chelsea Logistics Holdings Corp’s (CLHC) acquisition of KGLI-NM Holdings, Inc., which controls the 2Go Group, Inc., but…
PCC voids Udenna deal with 2Go shareholder; Udenna to file appeal
The Philippine Competition Commission (PCC) has nullified the agreement between Udenna Corporation and KGL Investment Cooperatief U.A. (KGLI Coop), and levied them a fine…
Competition commission deepens review of Udenna’s entry in 2GO
The Philippine Competition Commission (PCC) Mergers and Acquisitions Office (MAO) has moved on to a second phase review of Udenna Corporation’s acquisition of shares…
Logistics firm Worklink is Chelsea Logistics’ latest acquisition
Chelsea Logistics Holdings Corp. (CLC) has acquired local logistics company Worklink Services, Inc. (WSI) in line with its ongoing effort to expand operations and…
Domestic shipping line Chelsea Logistics Holdings Corporation (CLC) will list its shares on the Philippine Stock Exchange (PSE) at P10.68 apiece on August 8.…
SM Investment enters logistics through 34.5% stake in 2GO
Holding company SM Investments Corporation has acquired a minority share in integrated transport solutions provider 2GO Group, Inc. as SMIC starts to venture into…
Seven directors of 2GO Group, Inc. have resigned over the issue of ownership. In a disclosure to the Philippine Stock Exchange, the integrated transport…
Udenna buys 21% of 2Go shares; 2Go unaware of transaction
Holding firm Udenna Corporation, the parent and majority stockholder of Phoenix Petroleum Philippines Inc. (PPPI), has acquired a 21% share in integrated transport solutions…
