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...
Just two months after its P6 billion bond issuance, property developer DoubleDragon Corporation is planning to raise P4 billion through the offering of bonds from the second tranche of its P10 billion shelf registered bonds program. For this planned issuance, Philippine Rating Services Corporation...
DoubleDragon Corporation’s retail bond offering exceeded expectations, leading to full subscriptions well before the scheduled deadline. In a disclosure to the Philippine Stock Exchange, DoubleDragon said the offer period, originally planned to conclude on July 10, 2024, was closed earlier...
DoubleDragon Corp.’s planned and outstanding bond issuances worth P25 billion have been assigned the highest issue credit rating of PRS Aaa by Philippine Rating Services Corp. (PhilRatings). The ratings agency said this is for DoubleDragon’s proposed bond issue of up to P10 billion and its...
DoubleDragon Corporation of Edgar Sia II and Ernesto Tan Caktiong reported that its Singapore-based subsidiary Hotel101 Global Pte. Ltd. is merging with JVSPAC Acquisition Corporation to pave the way for its $2.3 billion listing at the NASDAQ. In a statement, DoubleDragon said Hotel101 and its...
DoubleDragon's Hotel101 a step closer to Nasdaq listing By James A. Loyola DoubleDragon Corporation, the real estate venture of billionaires Ernesto Tancaktiong and Edgar Injap Sia II, reported that its subsidiary Hotel101 Global Pte Ltd has officially reserved the Nasdaq stock exchange ticker...
Hotel101 Group Head of Sales, Jamaica Puti (left), DOT Beijing’s Ernie Teston (right), and the Hotel101 Group raffle prize winner (center) at the China Outbound Travel & Tourism Market. Hotel101 Group, the hospitality arm of DoubleDragon Corporation, participated in international expos...
DoubleDragon's Dragon8 Mall (right) taken this weekend. DoubleDragon's Dragon8 Mall in Divisoria Manila hit its highest weekend customer foot traffic of 67,136 and is expected to further increase in the coming days. Daily customer foot traffic is expected to exceed 200,000 once the NSCR urban rail...
Double Dragon Corporation will be holding its annual meeting of stockholders on September 29, 2023, Friday at 10:30 AM through remote communication via Zoom. A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
DDMP REIT Inc. announced that it has received payment of ₱55.26 million as rental deposits for 15,100 square meters or 1.51 hectares of new office space lease with total lease value of ₱798.81 million. The new office space lease take up is expected to form part of the goal of DDMP REIT Inc. to...