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Bilyonaryo - Business

Rebranded and expanding: DigiPlus Interactive’s P2 billion capital boost signals new digital ventures

  • September 15, 2023
  • Bilyonaryo.com

The Securities and Exchange Commission (SEC) has approved the increase in the authorized capital of DigiPlus Interactive by P2 billion.

In a disclosure to the stock exchange, DigiPlus Interactive, chaired by STI Holdings owner Eusebio Tanco, confirmed that it has received the green light from the SEC to raise its authorized capital stock from P5 billion to P7 billion.

This substantial increase in the company’s capitalization is expected to provide crucial support for its ongoing operations and potential expansion initiatives.

DigiPlus Interactive is strategically poised to introduce novel and cutting-edge digital products aimed at enriching entertainment options for the Filipino consumer market.

As of July, the company’s platforms, BingoPlus and ArenaPlus, boasted a combined registered user base exceeding 20 million.

Furthermore, in a bid to reinvigorate its brand identity and realign its focus towards innovative technological platforms, the company’s board has approved the name change from DigiPlus Corp. to DigiPlus Interactive Corp.

  • Related News Tags: DigiPlus, DigiPlus Interactive, Securities and Exchange Commission (SEC)

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Hans Sy: Ultimate green warrior

September 27, 2023

Hans Sy, the 4th of the Sy-blings, as Bilyonaryo calls them, sat down with me to explain his green initiatives in the SM Group, a chat that turned into an interesting look into how he became a sustainability champion, the lessons he learnt from his father, Henry Sy Sr., and legacy-building.

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