The most recent financial report of Uy-backed DITO CME Holdings Corp., covering the quarter through end March and published in late May, lists subsidiary DITO Telecommunity Corporation – a venture with China Telecommunications Corp. – as having taken out the money with three different Bank of China Ltd. branches.
Leo Venezuela spokesman for parent Udenna Corp. said he couldn’t answer questions regarding DITO CME’s finances citing a blackout period before the release of the second-quarter financial report on Monday.
ICYMI: Uy-backed DITO CME Holdings Corp. believes the group will be able to meet all its outstanding obligations.
I believed na kaya nyang bayaran yan coz yong sales nya sa shares sa malampaya kay ER is almost US$500M 45% shares, so malaki pa ang naiwan sa kanya, the words of DAU regarding loan’s amortization’s can hold water. No bank will lend u money if u don’t have the capabilities
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