DigiPlus considers Manila Diamond Hotel acquisition for casino complex
DigiPlus said it is evaluating the possible acquisition of Manila Diamond Hotel to combine it with the adjoining New Coast Hotel Manila in a casino and entertainment complex. The company said no definitive transaction has been made; the project could involve investment of up to US$1 billion if it proceeds.
Investors should note the casino complex remains under evaluation, with no definitive transaction and potential investment of up to US$1 billion.