DoubleDragon Corporation’s Hotel101 Global (Hotel101) has teamed up with Horizon Group for a major expansion in the Kingdom of Saudi Arabia with plans to develop up to 10,000 hotel rooms worth $2.5 billion. In a disclosure to the Philippine Stock Exchange, DoubleDragon said Hotel101 has signed a...
Unrealized gains from fair value of property and foreign exchange gains resulted in a surge in the first quarter profits of DoubleDragon Corporation, the real estate partnership between tycoons Tony Tan Caktiong and Edgar Sia II. In a disclosure to the Philippine Stock Exchange, the firm said its...
DoubleDragon Corporation, the property development partnership between Tony Tan Caktiong and Edgar Sia II, is developing the ₱5.25 billion Hotel101-Roxas Boulevard which will be the largest hotel in the entire stretch of the boulevard. The firm said its latest development project is located in a...
Hotel101 Global Pte. Ltd., the hospitality unit of tycoons Tony Tan Caktiong and Edgar Sia II’s DoubleDragon Corporation, has bought more time to push through with its merger with the company’s NASDAQ listing vehicle. The firm now has until July 23, 2025, to complete its merger with JVSPAC...
DoubleDragon Corporation, the partnership between tycoons Tony Tan Caktiong and Edgar Sia II, is finally transitioning into a holding company with its acquisition of Sia’s listed retailer MerryMart Consumer Corporation after initially buying a 35 percent stake for ₱1.28 billion. In a disclosure...
DoubleDragon Corporation has until July 23, 2025 to push through with the merger of Hotel101 Global Pte. Ltd. JVSPAC Acquisition Corporation, which will result in its $2.3 billion listing on the NASDAQ. While the listing is targeted for the first half of 2025, Hotel 101 Global has already paid...
Double Dragon Corporation has appointed Rodolfo Ma. Ponferrada as its new president, replacing founder Edgar J. Sia II’s brother Ferdinand J. Sia, effective March 1, 2025. In a disclosure to the Philippine Stock Exchange, the firm said its Board of Directors has also approved the promotion of...
Property developer DoubleDragon Corporation, a partnership between tycoons Tony Tan Caktiong and Edgar Sia II, has set the interest rate for its planned P10 billion issuance of long-term peso retail bonds at 7.77 percent per annum. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
Property developer DoubleDragon Corporation, a partnership between tycoons Tony Tan Caktiong and Edgar Sia II, is planning to raise another P10 billion from the issuance of retail bonds. Philippine Rating Services Corporation (PhilRatings) said it has assigned the highest Issue Credit Rating of PRS...
DoubleDragon Corporation (DD), the property development venture of tycoons Edgar Sia II and Tony Tan Caktiong, has set new 10-year goals after expressing confidence in hitting initial targets for 2025. During the firm’s annual stockholders’ meeting, DD Chairman Sia said their goal was for the...
DoubleDragon Corporation’s planned bond offering of up to P10 billion has been assigned the highest issue credit rating of PRS Aaa, with a stable outlook, by Philippine Rating Services Corporation (PhilRatings). The firm is planning a P5 billion bond issuance with an oversubscription option of up...
DoubleDragon Corporation is looking to raise as much as P30 billion over the next two years through the issuance of retail bonds as part of its plan to boost its financial position and cash reserves. In a regulatory filing on Wednesday, Oct. 9, DoubleDragon said that the bonds will be issued in...
