DoubleDragon Corp., the property development venture of tycoons Tony Tan Caktiong and Edgar Sia II, registered a 43.72 percent jump in consolidated net income to ₱2.37 billion for the first six months of 2025 from ₱1.6 billion on the same period last year. In a disclosure to the Philippine...
While the Bangko Sentral ng Pilipinas is widely expected to cut interest rates this month, property developer DoubleDragon Corp. has opted to offer ₱10.9 billion worth of Peso retail bonds at a fixed rate of 7.7 percent. In a disclosure to the Philippine Stock Exchange, the firm said its board of...
Property developer DoubleDragon Corporation has completed its fully pre-leased five-hectare CentralHub warehouse complex in Cebu, marking a milestone of 1.5 million gross floor area (GFA) of completed assets in its portfolio. In a disclosure to the Philippine Stock Exchange, the firm stated that it...
Hotel101 Global Holdings Corporation, a subsidiary of tycoons Edgar Sia II and Tony Tancaktiong’s DoubleDragon Corporation, had a lackluster debut at the Nasdaq Stock Exchange with its share price falling 70 percent at the close of its first day of trading. Hotel101, trading under the ticker...
DoubleDragon Corporation has achieved its goal of having its subsidiary, Hotel101 Global Holdings Corporation, with a deemed equity value of $2.3 billion, become the first Filipino corporation to be listed on the Nasdaq Stock Exchange. Hotel101, an asset-light, prop-tech hospitality platform...
After a few months’ delay, DoubleDragon Corporation’s Hotel101 Global Holdings Corporation is finally listing at the Nasdaq Stock Exchange on June 27, 2025, the first Filipino-owned company to be listed and traded in the US bourse. To be listed with an equity value of $2.3 billion, Hotel101...
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...
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...
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...
