Property developer DoubleDragon Corporation, a partnership between tycoons Tony Tan Caktiong and Edgar Sia II, is planning to raise another P10 billion from the issuance of retail bonds. Philippine Rating Services Corporation (PhilRatings) said it has assigned the highest Issue Credit Rating of PRS...
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 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...
Merry Mart Consumer Corporation is aiming to close 2024 with 500,000 customers in its MM Wholesale eCommerce platform after reporting that its customer base already consists of 200,000 registered members. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it is continuously...
DDMP REIT Inc., the real estate investment trust subsidiary of DoubleDragon Properties Corporation, successfully listed its shares at the Philippine Stock Exchange but its performance was not as hot as many anticipated. The firm’s shares closed flat at its initial...
DoubleDragon Properties Corporation has moved at the last minute the listing of the initial public offering shares of its subsidiary DDMP REIT Inc. to March 24, 2021 from the original schedule of March 23. In a disclosure posted by the Philippine Stock Exchange in its website at past 7...