DigiPlus Interactive Corp. has responded to reports of a potential acquisition of the Diamond Hotel, saying it is ‘exploring opportunities to expand into adjacent and complementary segments’ but has not completed any transactions.
In response to a request for clarification from the Philippine Stock Exchange, DigiPlus said the potential moves are aligned with its long-term strategy to develop a ‘robust gaming and digital entertainment ecosystem,’ but stressed that ‘these plans remain under evaluation, and no definitive transactions have been made.’
The response came after Insider PH reported on May 4th, 2026, that DigiPlus had approached Ramon S. Ang — chairman and chief executive of San Miguel Corp — about acquiring his privately held Diamond Hotel Philippines for what sources described as a multibillion-peso sum. The report cited several insiders who confirmed the talks, although one noted that Ang has rebuffed multiple offers for the 480-room, five-star waterfront property.
The Diamond Hotel sits on a seafront lot along Roxas Boulevard in Manila’s Malate district, adjacent to the New Coast Hotel Manila, which DigiPlus is already in the process of acquiring through a convertible notes deal with International Entertainment Corp (IEC). The two hotels are connected by a roof bridge.
