DITO CME elects four new directors at annual stockholders' meeting
DITO CME Holdings elected Oozi Cats, Xinxin Wang, Enrique Pampolina and Cenon Audencial Jr. to its board, as Eric Recto and Salvador Medialdea ended their terms.
DITO CME Holdings Corp. (PSE: DITO), the listed parent of third telco DITO Telecommunity, has four new faces on its board after its annual stockholders' meeting on October 21, 2026. The company reported the results to the Philippine Stock Exchange on October 22.
Who joined and who left
According to the company's change in directors disclosure, stockholders elected:
- Oozi Cats, director
- Xinxin Wang, director
- Enrique Victor D. Pampolina, independent director
- Cenon C. Audencial Jr., independent director
Two directors left the board when their terms ended on the same day: Eric O. Recto, a board director, and Salvador C. Medialdea, an independent director. The filing gives "cessation of term" as the reason for both.
The results of the stockholders' meeting list the full nine-member board for 2026 to 2027: Dennis A. Uy, Donald Patrick L. Lim, Cherylyn C. Uy, Chun Lam Chan, Xinxin Wang, Oozi Cats, Jonathan L. Ravelas, Enrique Victor D. Pampolina and Cenon C. Audencial Jr. Ravelas, Pampolina and Audencial Jr. sit as independent directors. Stockholders also approved the 2025 audited financial statements and reappointed SyCip Gorres Velayo & Co. as external auditor.
About the new directors
The Philippine Star, which first reported the appointments, describes Wang as an investment manager, Pampolina as a long-time accountant, and Audencial Jr. as a trustee of the Government Service Insurance System.
Cats is best known as the founder and former chief executive of Telit Communications, now part of IoT company Telit Cinterion. Published reports, including the Philippine Star's, note that he resigned as Telit CEO in 2017 after an internal investigation into his background.
The PSE filings themselves do not include biographies of the new directors.
The financial backdrop
The board changes come as DITO works to narrow its losses. In its quarterly report for the period ended June 30, 2026, the company reported a first-half net loss attributable to the parent of about P11.29 billion, up from about P3.36 billion a year earlier. The consolidated net loss for the period, including non-controlling interests, was about P29.66 billion. Revenue rose to about P11.67 billion, from P9.67 billion in the first half of 2025.
The Philippine Star reports that DITO aims to become profitable by 2028.
Sources:
- DITO CME Holdings, PSE Form 4-8, Change in Directors and/or Officers, C07560-2026, October 22, 2026
- DITO CME Holdings, PSE Form 4-24, Results of Annual Stockholders' Meeting, C07555-2026, October 22, 2026
- DITO CME Holdings, SEC Form 17-Q Quarterly Report for the period ended June 30, 2026, CR06125-2026, August 14, 2026
- The Philippine Star, "Israeli tech exec joins Dito board," October 23, 2026