MerryMart Consumer Corp., the grocery retail chain controlled by tycoon Edgar Sia II, plans to voluntarily delist from the local bourse following the takeover bid by affiliate developer DoubleDragon Corp. In a disclosure to the Philippine Stock Exchange, the firm said that the supermarket...
DoubleDragon Corp., the property developer backed by tycoons Tony Tan Caktiong and Edgar Sia II, reported a record ₱27.91 billion in revenue last year, propelled by an aggressive overseas expansion of its condotel brand. The firm told the Philippine Stock Exchange that revenue surged 56.3 percent...
DoubleDragon Corp., the real estate venture led by tycoons Tony Tan Caktiong and Edgar Sia II, has scheduled its ₱758-million mandatory tender offer for the minority shares of MerryMart Consumer Corp. to begin on May 18, 2026. The tender offer period will run until June 16, 2026, and covers 1.58...
DoubleDragon Corp. expects its hospitality subsidiary to reach a record number of room openings this year, as the company aggressively expands its “condotel” model in the Philippines and into international markets including Spain and Japan. In a disclosure to the Philippine Stock Exchange, the...
DoubleDragon Corp.’s hospitality arm, Hotel101 Global Holdings Corp., opened its Madrid flagship, the first time a homegrown Filipino hotel brand has expanded operations into the European market. In a statement , DoubleDragon said the 680-room Hotel101-Madrid, located in the Valdebebas district,...
Hotel101 Global Holdings Corp., the Nasdaq-listed condotel operator, is seeking to raise as much as $300 million through a private placement of shares as it prepares to scale its asset-light business model across international markets. In a disclosure to Nasdaq, Hotel101 said the company’s board...
Hotel101 Global Holdings Corp., the Nasdaq-listed hospitality arm of DoubleDragon Corp., expects to begin generating its first international recurring revenue in March as its flagship European property in Madrid begins operations. The firm announced that the 680-room Hotel101-Madrid is scheduled to...
DoubleDragon Corp., the real estate venture of tycoons Tony Tan Caktiong and Edgar Sia II, is targeting a twentyfold increase in annual profit over the next decade as it pivots toward global expansion and a debt-free balance sheet. During the firm’s annual stockholders’ meeting, DoubleDragon...
Hotel101 Global Holdings Corp., the Nasdaq-listed subsidiary of DoubleDragon Corp., expects to generate €85.8 million (₱5.83 billion) in revenue from its first venture in Milan, Italy. In a statement on Sunday, Nov. 30, DoubleDragon announced that Hotel101 has signed a definitive, binding...
Double Dragon Corporation will be conducting its annual meeting of stockholders on December 19, 2025, at 10:30 AM at Pasay City through remote communication via Zoom. The link will be provided at least three (3) days prior to the meeting. Registration for the said meeting will be from 9:00 AM...
Double Dragon Corporation will be holding its annual meeting of stockholders on December 19, 2025, at 10:30 AM at Pasay City through remote communication via Zoom. The link will be provided at least three (3) days prior to the meeting. Registration for the said meeting will be from 9:00 AM November...
Philippine Rating Services Corp. (PhilRatings) has assigned its highest Issue Credit Rating of PRS Aaa, with a Stable Outlook, to DoubleDragon Corp.’s bond issuance worth up to ₱10.9 billion. The planned issuance is for ₱3.5 billion, with an Oversubscription Option of up to ₱7.4 billion....
