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...
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.’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,...
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...
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...
