DFNN incorporates acquisition unit

GAMING COMPANY DFNN, Inc. is incorporating a new subsidiary that will function as a holding firm for future acquisitions. In a disclosure to the stock exchange yesterday, the listed firm said its board of directors had approved forming a company with an authorized capital stock of P100 million and a subscription of P25 million. The…

DFNN eyes R&D investments

Listed gaming technology provider DFNN Inc. is allotting hundreds of millions of pesos as research and development (R&D) expenses this year in a bid to support the company’s long-term sustainability. DFNN president and chief executive officer Calvin Lim said the company’s nine-digit R&D budget, the same as last year’s, comes as it seeks to focus…

POGOs not in DFNN’s priority

DESPITE the boom in the Philippine Offshore Gaming Operations (POGO) industry in recent years, listed technology firm DFNN, Inc. is holding off on investments in the sector in the near term. DFNN President and Chief Executive Officer Calvin Lim said last week the company is instead focusing on capacity building for online gaming and finding…

DFNN Taal Relief Drive 2020

On February 15, the Sustainability Vanguards conducted a relief drive for the displaced families of the recent Taal Volcano eruption in Laurel, Batangas, one of the neighboring towns in Taal Lake severely affected by the volcanic unrest. A team of ten employee volunteers headed to Laurel to personally turn over a multitude of items to…

DFNN Education Under the Bridge 2019

DFNN, Inc. facilitated its first ‘Education Under the Bridge’ in Coastal Road, Bulongan Area, La Huerta Paranaque City last 6 December 2019. Established in 2010, ‘Class Under the Bridge’ is an educational program started by Teacher Fe Lustana for the underprivileged children of the Bulongan community. Every Saturday, Teacher Fe and groups of volunteers provide…

DFNN cited by British publication for its innovative solutions

INFORMATION-TECHNOLOGY firm DFNN Inc. was cited by the UK-based International Finance Publications Ltd. (IFP) when it received the International Finance Technology Awards for the Most Innovative IT Solutions Provider for 2019. IFP’s magazine, International Finance Magazine, covers stories on banking, asset management, hedge funds, wealth management, pension funds, currencies, sovereign wealth funds, real estate and…