DFNN Hike and Tree Nurturing Activity 2019 DFNN, Inc., in coordination with the Balagbag Environmental Society, Inc. (B.E.S.I.) recently held its first day hike and tree nurturing activity in Mt. Balagbag last November 16, 2019. In line with DFNN’s ongoing sustainability program, the activity was led by the Sustainability Vanguards together with the Human Resources…
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The principles of due process and non-impairment of contractual obligations are enshrined in the Philippine Constitution, particularly under the Bill of Rights or Article III Section 10 of the country’s fundamental charter. According to a ruling of the Supreme Court, the purpose of this non-impairment clause is to safeguard the integrity of contracts against unwarranted…
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DFNN, Inc., in partnership with the Philippine Red Cross, conducted a building-wide blood donation drive on November 6, 2019 organized by DFNN’s Human Resources and Administration Department (HRAD) and Sustainability Vanguards. Employees from DFNN, its subsidiaries and affiliates donated blood as well as those from HatchAsia, Inc., Pay8, Inc. and Asian Merger and Acquisition Links.…
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The Court of Appeals has again affirmed a claim by DFNN for damages from the Philippine Charity Sweepstake Office (PCSO) for unilaterally pulling out of an equipment lease agreement. In a ruling dated Sept. 27, but provided by DFNN on Thursday, the court said PCSO had failed to raise “new and substantial matters” to warrant…
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Philippines-listed DFNN Inc. has incorporated a new entity to expand its offshore gaming operations, according to a filing from DFNN to the stock exchange on Wednesday. The company in question, Nico Bayan, will have an authorized capital stock of P15 million (US$293,437). Out of the subscription of DFNN, it will own 100 percent of the…
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DFNN said it is hopeful a long-standing legal dispute with the Philippine Charity Sweepstake Office (PCSO) is close to being settled and it will be able to collect the PHP310 million ($5.9 million) in damages that it was awarded by a court. The company said on Friday that it received a May decision from the…
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MANILA, Philippines – A unit of gaming technology firm DFNN Inc. has bagged a Philippine Offshore Gaming Operations (POGO) service deal with AutoLotto Inc., a pioneering US mobile lottery service provider. This allows DFNN, through subsidiary Nico Bayan Inc., to expand its POGO business that does not rely on the Chinese market. At the Global…
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DFNN, Inc. recently held its Annual Meeting of Stockholders at Ascott Hotel in Bonifacio Global City, Taguig last August 30, 2019. DFNN’s Chairman of the Board, Mr. Antonio A. Lopa, calling the meeting to order DFNN’s Chairman of the Board, Mr. Antonio A. Lopa presided over the meeting. Ten (10) directors were re-elected for another…
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