DFNN, Inc. (DFNN)

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For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name	DFNN, Inc. (DFNN)
Sector	Services		Incorporation Date		Jun 14, 1999
Subsector	Information Technology		Number of employees		67 (Group Total)
Board of Directors	Chairman Emeritus: Roberto F. De Ocampo, Chairman: Antonio A. Lopa
Website / E-mail	http://www.dfnn.com / patty@dfnn.com
2. Stock Information
Total Assets	1,459,950,296	Market Capitalization		2,291,817,256.48
Total Liabilities	518,329,740	Outstanding Shares		324,620,008
Retained Earnings	222,292,387	Listed Shares		118,590,418
Listing Date	Oct 30, 2000	Issued Shares		324,620,008
Board Lot	100	Free Float Level (%)		62.75%
Par Value	1.00	Foreign Ownership Limit		40%
3. Major Stock Holders (common shares)
PCD Nominee Corporation (Filipino) PCD Nominee Corporation (NonFilipino) Leisure & Resorts World Corporation Ramon C. Garcia Jr.				39.41% 08.52% 08.32% 05.97%
4. Company Descriptions and Business Development
Notes 1.
Overview DFNN, Inc. (“DFNN”) (formerly Diversified Financial Network, Inc.), a leading IT solutions provider and systems integrator, has become a proprietary software technology, wireless, and secure solutions partner of leading corporations and institutions. In 2000, the Company incorporated PACIFIC GAMING INVESTMENTS PTE. LTD., formerly DFNN International Pte. Ltd. (PGI,) in Singapore. PGI has also been at the forefront in marketing DFNN’s Groups and Gaming Products to legally operating Gaming providers. PGI acquired 30% of Inter-active Entertainment Solutions Technologies, Inc. (IEST). ITEST is allowed to operate several gaming licenses issued by the Philippine Amusement and Gaming Corporation (PAGCOR).  In 2000, It incorporated Hatchasia, Inc. which then acquired 56% of iWave, Inc. Business Revenue contribution in 2016 DFNN Software solution iWave Software solution IEST Gaming software PGI Gaming software HatchAsia outsourcing and leasing 5,040,644 48,727,114 208,851,923 15,480,104 47,216,780 1.55% 14.98% 64.2% 4.76% 14.51% Gaming Solutions It has capability for wireless gaming, game creation, and gaming related project management and software outsourcing. Services include system integration, customized software development, consultancy and gaming development. Software products include electronic payment gateway and online remittance system. Licenses with PAGCOR, through its subsidiary, Inter-Active Entertainment Solutions Technologies, Inc. (IEST), became the owner of two gaming licenses issued by PAGCOR. Distribution Subsidiaries / Associates / Affiliates / Joint Ventures Inter-active Entertainment Solutions Technologies, Inc. (ITEST, 94.72%) provides betting and gaming technologies to PAGCOR. Pacific Gaming Investments Pte. Ltd. (PGI, 83.34%) Hatchasia, Inc (34.77%) iWave, Inc. (iWave, 55.94%) is engaged in customized software developing with its core products such as ATMPack (ATM System), Credit Card Pack (credit card authorization) and Switch Pack (high speed transaction switching system for VISA, MASTERCARD, JCB and AMEXCO), and Brokerage Pack (On-line Stock Trading). Almost ninety percent (90%) of iWave’s revenues are derived from offshore clients, particularly those of Japanese clientele which engages iWave on a Business Process Outsourcing basis.