Philippine Tycoon Dennis Uy's Firms Roll Over Debts, Tap Funding From Billionaire Enrique Razon As Losses Deepen - Forbes

Mobile phone carrier Dito Telecommunity and casino resort developer PH Resorts Group are in talks with creditors to extend the maturities of debts worth more than $900 million as both companies sink deeper into the red.

Dennis Uy, chairman and president of Phoenix Petroleum Holdings, speaks during a Bloomberg round-table discussion in Manila, the Philippines, on March 5, 2018. Veejay Villafranca/Bloomberg Mobile … [+4246 chars]

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