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GoHotels Davao, Inc. GoHotels Davao, Inc. (GHDI) was incorporated on March 13, 2013, has a registered
share capital of 100,000,000 and is 51%-owned by the Parent Company. GHDI is a joint venture within the
Company’s Hotels Division
and Udenna Development Corporation (UDEVCO).
GHDI's principal business is
to establish, acquire, own, develop, operate and manage hotels and/or transient guest lodging services under the
"" mark and other similar and ancillary facilities and services related to the hospitality and allied
industries, offer such services and merchandise to the public in connection with the operation of hotels and/or
transient guest lodging services, and to make and enter into all kinds of contracts, agreements and obligations
with any person, partnership, corporation or association for the leasing of commercial space or the disposition,
sale, acquisition of goods, wares, merchandise, and services of all kinds and to do and perform such acts and
things necessary or incidental to the accomplishment of the foregoing corporate business and objects as may be
allowed by applicable laws, rules and regulations.

Source: Statement filed with PSE 2014.pdf
Udenna Development Corporation (UDEVCO) - the investment arm of Phoenix Petroleum Philippines Inc. :eek:kay::eek:kay:

^^ now i know :lol::lol::lol: so part pa din ng Phoenix Complex ang Hotel na ito :):)
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