SINGAPORE’S Summit Telco Corp. Pte. Ltd. will be investing further in DITO CME Holdings Corp. after the latter’s board of directors approved the signing of a deal between the two firms.
In a stock exchange filing, DITO CME said that Chairman Dennis Uy and President Donald Patrick Lim had been authorized “to fix, negotiate, finalize the terms of the investment, final amounts thereof, timing and tranches of the subscriptions, and other terms, and to sign necessary agreements for the investment, including subscription agreements.”
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