Udenna Corporation (“UDENNA”) was incorporated in the Philippines on March 19, 2002. UDENNA is one of the fastest growing holding companies in the Philippines and is at the helm of the UDENNA Group of Companies. It is in the business of distribution and retail of petroleum products and lubricants under the Phoenix brand and is engaged in shipping and logistics through its wholly owned subsidiary, Chelsea Logistics Holdings Corp. The continued expansion of the group in the recent years has allowed UDENNA to grow exponentially and diversify its business portfolio to include real estate and property development, education, leisure, gaming and tourism and infrastructure.