DFNN subsidiary buys stake in betting company

(Business World (Philippines) Via Thomson Dialog NewsEdge) Publicly listed IT solutions provider and systems integrator Diversified Financial Network, Inc. (DFNN) has acquired a 33.33% stake in a Southeast Asian gaming company through its Singapore-based subsidiary. In a statement, the company said it bought into Interactive Entertainment Technology Solutions, a gaming company involved in event betting,…

DFNN.com lists shares in PSE

Not even a sluggish stock market could prevent Diversified Financial Network, Inc. (DFNN.com) from undertaking an initial public offering as the company gears up for its expansion plans along global lines, the way information technology (IT) firms basically shape their businesses. DFNN.com earned yesterday the distinction of being the first fully operating web-based company to…

SEC clears DFNN operations

The Securities and Exchange Commission (SEC) has given the go-signal for the Diversified Financial Network Inc. com (DFNN), an Internet service provider (ISP) and a pioneer on local online stock trading, to proceed with its operations. The SEC said that since DFNN merely provides the connection like the phone companies through which orders are delivered…