3 weeks ago
5
Richmond Mercurio - The Philippine Star
February 26, 2025 | 12:00am
DigiPlus said that its inclusion in the FTSE All-Cap Index and FTSE Total-Cap Index would be effective at the close of business on March 21, 2025.
Businessworld / File
MANILA, Philippines — Digital entertainment company DigiPlus Interactive Corp. continues to gain momentum as efforts to meet the highest standards of market capitalization and liquidity have successfully secured the company spot in the FTSE All-Cap and FTSE Total-Cap indexes.
DigiPlus said that its inclusion in the FTSE All-Cap Index and FTSE Total-Cap Index would be effective at the close of business on March 21, 2025.
Previously classified under the FTSE Microcap Index in 2024, the company’s progression to these broader indexes reflects its increased market capitalization, enhanced liquidity and strengthened position within the investment landscape.
“Being included in the FTSE All-Cap and Total-Cap Indexes reflects the strength of our fundamentals and the momentum we have built over the past year,” DigiPlus chairman Eusebio Tanco said.
“This milestone reinforces our position in the broader investment community, opening new opportunities to further scale our business and create lasting value for our shareholders,” he said.
The FTSE All-Cap Index tracks large, mid and small-cap companies, serving as a key benchmark for global investors.
The FTSE Total-Cap Index extends this coverage to include micro-cap companies, collectively representing over 99 percent of the global investable market capitalization.
DigiPlus said that its inclusion places it among companies that meet the highest standards of market capitalization and liquidity.
It said this further enhances the company’s visibility to institutional investors worldwide.
DigiPlus is the company behind digital entertainment platforms BingoPlus, ArenaPlus and GameZone
This year, DigiPlus is looking to spend between P2.5 billion and P3 billion in capital expenditures as it pursues growth opportunities both locally and abroad.
Aside from bolstering its presence in the Philippines, the company is also expecting to start its operation in Brazil by the fourth quarter to mark its maiden international venture.
