Stock breakage house AP Securities (APS) kept its “Buy” call on Converge ICT Solutions with a target price of P24.58, even as the stock has fallen over 22 percent since the start of the year.
The former consultant of internet tycoon Dennis Anthony Uy’s Converge ICT Solutions is returning to the company with a much bigger role, this time as its first full-time chief finance officer (CFO), stepping away from a successful career in international private equity.
Internet tycoon Dennis Anthony Uy’s Converge ICT Solutions announced a strategic partnership with South Korean tech giant NAVER, also known as the Google of South Korea, to deliver cutting-edge cloud services in the Philippines.