In this interview with CalvinAyre.com, DFNN COO Ricky Banaag gives an update on the status of mobile gaming in the Philippines. There is an Asian country that has great potential for mobile gaming—the Philippines. Ricky Banaag, COO of DFNN, said the Philippines is a “mobile-first” kind of country with a smartphone-loving market that is already ripe for mobile gaming…
TECHNOLOGY solutions provider DFNN Inc. is cleaning up its books to wipe out P643 million in capital deficit and become capable of declaring dividends soon. In a disclosure to the Philippine Stock Exchange on Monday, DFNN said its board had approved the issuance of 8.3 million common shares to various existing shareholders by virtue of…
LISTED DFNN, Inc. said it will conduct a quasi-reorganization to remove the deficit in its retained earnings, as the information technology solutions provider moves to declare dividends soon. In a special board meeting last Friday, DFNN’s board of directors approved the issuance of 8.31 million common shares to existing shareholders through a debt-to-equity conversion. “The…