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News and Events

Injap Sia's DoubleDragon Posts 235% Surge in First Half Earnings to Php1.2 Billion

Recurring rental revenue now accounts for almost a third of total revenues

DoubleDragon Properties Corp., the listed real estate firm of billionaires Edgar “Injap” Sia II and Jollibee founder Tony Tan Caktiong, reported a 234.6-percent increase in net income for the first six months of 2018, breaching the Php1-billion mark for the first time.In ...

by Elyssa Christine Lopez  | August 16, 2018 03:00:00
News and Events

Despite Bear Market, Injap Sia's DoubleDragon Meets Target and Raises Php4.5-B from Share Sale

The real estate developer listed an additional 150 million shares in the PSE last July 13

Listed real estate developer DoubleDragon Properties Corp. has raised Php4.5 billion worth of fresh funds from its follow-on offering, according to a photo release from the Philippine Stock Exchange (PSE) dated July 13.That means the company was able to sell all 135 ...

by Lorenzo Kyle Subido  | July 13, 2018 06:00:00
News and Events

Would You Buy DoubleDragon's Follow-on Offer Shares at Higher Than the Market Price?

The offer price of Php30 per share is 18.8 percent above the latest closing price at the PSE

Last June 28, listed real estate developer DoubleDragon Properties announced that the final price for its follow-on offering is at Php30 per share. The company is raising fresh funds for its hospitality and industrial projects, and it stands to earn as much ...

by Lorenzo Kyle Subido  | July 05, 2018 08:00:00
News and Events

Injap Sia's DoubleDragon Sets Price of Follow-On Offering at Php30 Per Share

The company stands to raise as much as Php4.5 billion, which it will use to fund its hospitality and infrastructure projects

Listed real estate developer DoubleDragon Properties Corp. has announced that the final price for its follow-on offering is Php30 per share, according to a notice it submitted to the Philippine Stock Exchange (PSE) on June 28. That is 23 percent higher than ...

by Lorenzo Kyle Subido  | June 28, 2018 06:00:00
News and Events

Philippine Stock Exchange Approves Injap Sia’s DoubleDragon Follow-On Offering

Up for sale are 150 million common shares at a price range of Php30 to Php40 per share

The Philippine Stock Exchange (PSE) has approved on May 29 the application of listed real estate firm DoubleDragon Properties to launch a follow-on offering, allowing the company to sell up to 150 million new shares at a price ranging from Php30 to ...

by Lorenzo Kyle Subido  | May 30, 2018 03:00:00
News and Events

Injap Sia’s DoubleDragon Posts 349% Profit Surge in 1st Quarter of 2018

Revenue growth driven by rental income from 29 CityMall branches with an average 95 percent occupancy rate

DoubleDragon Properties Corp., the listed real estate firm of billionaires Edgar “Injap” Sia II and Jollibee founder Tony Tan Caktiong, reported a 349-percent increase in net income for the first quarter of 2018, the company reported on May 15.In a press release, ...

by Elyssa Christine Lopez  | May 16, 2018 05:00:00
News and Events

(Look) Completion of DoubleDragon Plaza is Testament to Potential of Small Businesses, says Injap Sia

Scenes from DoubleDragon Properties’ inauguration of its first office tower and retail hub in Pasay City

Shower of confetti at the inauguration of DoubleDragon Plaza on May 7DoubleDragon Properties, one of the country’s newest property development companies, has inaugurated the first phase of its flagship office and retail project called the DoubleDragon Plaza in Pasay City on May ...

by Entrepreneur Staff  | May 08, 2018 02:00:00
News and Events

Financial Adviser: 5 Things to Know About DoubleDragon Properties’ Follow-On Offering and How to Profit From It

Edgar "Injap" Sia's DoubleDragon Properties aims to raise as much as Php7.5B from the follow-on offering

DoubleDragon Properties is now awaiting for approval from the Philippine Stock Exchange (PSE) after it has obtained clearance from the Securities and Exchange Commission (SEC) to finalize its plan to raise as much as Php7.5 billion via a follow-on offering.A follow-on offering ...

by Henry Ong  | May 02, 2018 10:00:00
News and Events

Injap Sia’s DoubleDragon Selling New Shares in a Follow-On Offering to Raise Php7.5B

Maximum target price set at Php50 per share, or 58 percent above latest price

Listed real estate firm DoubleDragon Properties has received approval from the Securities and Exchange Commission (SEC) to launch a follow-on offering, allowing the company to sell up to 150 million new shares. The offering is tentatively scheduled to run from April 25 ...

by Lorenzo Kyle Subido  | April 20, 2018 05:00:00
Run & Grow

(LOOK) DoubleDragon Properties Just Moved to its Own Brand-New Building. Here's an Exclusive Tour

Co-founder Edgar ”?"Injap” Sia says the new corporate headquarters signifies that the company is here to stay

While it’s not unusual for property developers to rent space for their corporate headquarters, there’s something deeply satisfying about being able to hold office in your own building rather than just leasing it from another landlord.For one, you can design the building, ...

by Entrepreneur Staff  | April 18, 2018 09:00:00
News and Events

Injap Sia's BGC Condotels Priced at Php5-M With Projected Yields of 4.3%-10.8% p.a.

Hotel 101 Fort is slated to be completed by December 2020

Hotel of Asia Inc., the hospitality arm of listed real estate developer DoubleDragon Properties, launched its second condominium hotel project, Hotel 101 Fort, on March 14. Pre-selling of the condotel units have officially begun, with each unit costing Php4,975,000.  Headed by DoubleDragon ...

by Lorenzo Kyle Subido  | March 15, 2018 11:00:00
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