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…