DoubleDragon Corp. completed the structural framing and topmost floor of its 702-room Hotel101-Libis project on Friday, July 17, marking a key milestone in the property developer’s aggressive domestic and international hospitality expansion. The topping-off ceremony for the project, located...
The Philippine Stock Exchange (PSE) penalized First Gen Corp. and DoubleDragon Corp. for violating the bourse’s disclosure rules. First Gen, a power producer controlled by the billionaire Lopez family, was found in violation of multiple provisions under Article VII of the PSE Consolidated Listing...
DoubleDragon Corp. is accelerating its international hospitality expansion, moving closer to debuting its first homegrown hotel brand in Japan. The property developer, controlled by billionaires Edgar “Injap” Sia II and Tony Tan Caktiong, is aiming to capitalize on its standardized...
MerryMart Consumer Corp. (MM), now almost fully owned by DoubleDragon Corp. (DD) after a tender offer, has formally filed its petition for voluntary delisting from the Philippine Stock Exchange (PSE). To support its bid to be delisted from the bourse, MM said that, on June 24, 2026, the block sale...
DoubleDragon Corp. Chairman and Chief Executive Officer (CEO) Edgar “Injap” Sia II has increased his stake in the company by buying more shares from the market after the stock price corrected from its one-year high of ₱12.90 per share reached on June 19. The firm informed the Philippine Stock...
Nasdaq-listed Hotel101 Global Holdings Corp. signed definitive agreements to jointly develop a 770-room hotel in Bangkok, Thailand. In a statement on Wednesday, July 1, the hospitality platform controlled by DoubleDragon Corp. said the project is a joint venture with Thailand’s Origin Property...
DoubleDragon Corp., the real estate venture of tycoons Tony Tan Caktiong and Edgar Sia II, is set to open the largest hotel in Mindanao, Hotel101-Davao, on July 30, 2026. In a disclosure to the Philippine Stock Exchange (PSE), the firm stated that the new hotel will have a total of 519 rooms....
DoubleDragon Corp. has acquired nearly 99 percent of MerryMart Consumer Corp.’s minority shares through a mandatory tender offer, clearing the path for the grocery retail chain to voluntarily delist from the Philippine Stock Exchange (PSE) The ₱758 million transaction, internally dubbed...
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...
