Last October 19, 2018, DFNN, Inc. held its Annual Shareholders’ Meeting at the Marquis Events Place in Bonifacio Global City, Taguig. Mr. Antonio A. Lopa, the Chairman of the Board, led the meeting which comprised the following agenda items: Approval of Minutes of the Previous Stockholders’ Meeting, Approval of Annual Report and Audited…
Last September 26, 2018, Inter-active Entertainment Solutions Technologies, Inc. (IEST), DFNN’s wholly-owned subsidiary, concluded their Third Quarter Operators’ Meeting at the Blue Leaf Cosmopolitan in Quezon City. DFNN’s EVP of Business Development, Mr. Christopher M. Tio, officially opened the program, welcoming the various guest speakers and IEST’s partners from all over the Philippines. …
Technology firm DFNN Inc. has signed a joint venture deal with Singapore-based software and technology firm CYG Pte. Ltd. to roll out solutions and services for both the local and international markets. In a disclosure to the Philippine Stock Exchange last week, DFNN said the strategic partnership with CYG was aimed at optimizing its current…
Inter-Active Entertainment Solutions Technologies Inc (IEST), DFNN’s wholly- owned subsidiary, launched their “Instawin Points Blow-out” raffle promo at Hatch Asia’s Red Room in Bonifacio Global City last September 21, 2018. All Instawin-registered players with one thousand (1,000) loyalty points were automatically entitled to one (1) electronic raffle ticket. Attending this raffle draw were IEST’s senior…
Inter-Active Entertainment Solutions Technologies Inc (IEST), DFNN’s wholly-owned subsidiary, recently concluded their “Wheels and Fortune” mid year raffle promo featuring P4-million worth of prizes last August 30, 2018. The raffle promo ran from May 15 to August 15, 2018. It featured grand and minor prizes including three (3) units of Toyota Wigo and up to…
Increased depreciation and amortization expenses have pulled down Philippine-listed game technology provider DFNN Inc.’s net income by 14.6 percent in the first half of 2018. In a disclosure to the Philippine Stock Exchange, DFNN reported net income of PHP86.9 million (US$1.63 million) in the first six months of 2018, down from PHP101.8 million ($1.9 million)…
DFNN said its H1 revenue gained 11.5 percent, with gains noted across all of its business sectors, in particular license sales. Total revenue was P621.0 million ($11.6 million), up from P556.9 million earned in the same period last year. EBITDA gained 11.9 percent to P129.7 million. The highest growth came from the sale of licenses,…
The stocks of Energy Development Corporation (PSE:EDC) and DFNN, Inc (PSE:DFNN) led last week’s Philippine Stock Exchange (PSE) gainers, with 39.24 percent and 20.51 percent gains, respectively, according to latest market data. EDC, the large st producer of geothermal energy in the Philippines and the second-largest in the world, saw its stock last trading…
Technological advances in the past few decades have significantly increased the competitive nature of the economic business world. Companies have used software, computers and the internet to transform their businesses from local to global market competitors. Many companies have responded to these changes by automating their business processes and capturing industry-related information and using it…
Emerging industry. It also formed several subsidiaries, including iWave, Inc. for system integration software and technology development; HatchAsia, Inc. for management and technology expertise; and Pacic Gaming Investments Pty. Ltd. for game development. Now the dominant player in the electronic gaming market with 190 e- casino sites, DFNN recently appointed an expatriate to lead the…