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DITO could end-up as a holding company for significant interests in 3rd telco Dito Telecommunity, Malampaya and South China Sea oil & gas assets, and Chelsea Logistics

The two most recent significant business development in the country are the formation of a third telco to challenge the duopoly and resumption of the exploration and development of the Reed/Recto Bank oil and gas prospects as the Malampaya gas is nearing depletion. The government assembled a sizable spectrum and awarded the same to theContinue reading “DITO could end-up as a holding company for significant interests in 3rd telco Dito Telecommunity, Malampaya and South China Sea oil & gas assets, and Chelsea Logistics”

DITO not only a telco play but may also be a beneficiary of the South China Sea exploration resumption

Chinese dilemma in oil & gas exploration in South China Sea Among the areas in the South China Sea, Reed Bank is the most promising area for oil and gas exploration.  Recto Bank is said to contain most of the oil and natural gas in the South China Sea. For this fact, China is notContinue reading “DITO not only a telco play but may also be a beneficiary of the South China Sea exploration resumption”

Dito 3rd telco affiliate PNX not MVP led PXP could likely be the winner in the resumption of exploration in the South China Sea

Among the areas in the South China Sea, Reed Bank is the most promising area for oil and gas exploration.  Recto Bank is said to contain most of the oil and natural gas in the South China Sea. Exploration in Reed Bank is covered by Service Contract 72 which is being operated by Forum EnergyContinue reading “Dito 3rd telco affiliate PNX not MVP led PXP could likely be the winner in the resumption of exploration in the South China Sea”

DITO a shell company holding receivables from Udenna Corp., no reason to be more valuable than the face value of its receivables from Udenna

Prior to the entry of Dennison Holdings Corporation in August 2018, DITO CME HOLDINGS CORP. (DITO) was a shell company holding cash of around 1.1 Billion Pesos and some available-for-sale securities/financial assets valued at around 360 Million Pesos. In August 2018, Dennison Holdings Corporation infused capital to DITO in the amount of 1.3 Billion PesosContinue reading “DITO a shell company holding receivables from Udenna Corp., no reason to be more valuable than the face value of its receivables from Udenna”