MANILA -DITO CME Holdings Corp. is eyeing to secure additional funding this year to finance the expansion plans of its telecommunications and digital businesses. 'The group has plans to do various fund-raising activities within 2023, which include a follow-on offering at the parent company level,' the operator of third telco player DITO Telecommunity said in its latest financial report. It did not disclose, however, how much will they plan to raise this year. DITO said that it had entered into a shareholder loan agreement amounting to P5.

https://business.inquirer.net/396492/bleeding-heavily-dito-plans-to-secure-more-funding-this-year

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