DoubleDragon to Develop Five-star Luxury Serviced Apartment

Pasay—(PHStocks)—DoubleDragon Properties Corp. (PSE: DD) through its subsidiary DD-Meridian Park Development Corp. signs an agreement to develop a five-star luxury serviced apartment as the third phase of its flagship project DD Meridian Park located at the Bay Area, corner Macapagal Avenue and EDSA Extension, Pasay City, Metro Manila. Ascott-DD Meridian Park Manila will sit on […]
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PHStocks Exclusive: Top 30 Worst Performing Stocks in May 2017

Manila—(PHStocks)—We continue our PHStocks top performers and losers list by providing you the top 30 stocks that have posted the biggest stock price drops over the past month. Of course, there are many reasons why these stock prices fell. Profit taking, for instance, or macroeconomic factors. Nevertheless, this doesn’t mean that these stocks aren’t good […]
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DD to Offer 7-Year Fixed Rate Retail Bonds

Makati—(PHStocks)—DoubleDragon Properties Corp. (PSE: DD) has filed a preliminary prospectus with the Securities and Exchange Commission (SEC) covering the issuance of the second tranche of its Fixed Rate Retail Bonds indicating a base size of PhP6.5 billion with an oversubscription of PhP3.2 billion. The proposed issuance forms part of the PhP15 billion Fixed Rate Retail […]
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DoubleDragon Lists Maiden Retail Bond Issuance

Pasay—(PHStocks)—DoubleDragon Properties Corp. (PSE: DD) has successfully tapped the retail bond market with its maiden issuance, boosting the company’s cash position with PhP5.3 billion worth of 10 year Fixed Rate Retail Bonds due 2026 which listed today on the PDEx Board. The issuance exceeded the initial base size of Php 5 Billion as it was […]
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SEC Approves DoubleDragon’s 10 Year Fixed Rate Bond Offering

Pasay—(PHStocks)—The Securities and Exchange Commission (SEC) approved on 24 November 2016 DoubleDragon Properties Corp.’s (PSE: DD) application for registration covering PhP15 Billion worth of 10 Year Fixed Rate Bonds to be offered in one or several tranches. Subject to the receipt from the SEC of the Permit to Sell Securities to the Public as well […]
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DoubleDragon 9M 2016 Net Income Up 6.6%

Makati—(PHStocks)—Total revenues of DoubleDragon Properties Corp. (PSE: DD) rose 15.4% for the nine months ended September 30, 2016 to PhP2 billion vs. PhP1.7 billion during the same period last year. Major sources of revenues still coming from the company’s interim projects, W.H. Taft Residences, The SkySuites Tower, DD HappyHomes and Dragon8 Mall – Divisoria with real estate […]
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Doubledragon’s 1H16 Total Revenue Up 15%

Pasay—(PHStocks)—Total revenues of DoubleDragon Properties Corp. (PSE: DD) rose by 15% for the six months ended June 30, 2016 to PhP706 million vs. PhP612 million during the same period last year. Bulk of revenues still coming in from the Company’s interim projects, W.H. Taft Residences and The SkySuites Tower with real estate sales showing 7% growth year-on-year for […]
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PHStocks Exclusive: Top 50 Best Performing Stocks in June

Manila—(PHStocks)—The Philippine Stock Exchange index flirted with 8,000 level yesterday—the inauguration of incoming President Rodrigo Roa Duterte—before closing down at 7,796.25, just 2.28 point lower from the previous day’s close. As intra-day high hit 7,980.75 yesterday, profit taking pulled back the gains as investors lock in their gains. For the month of June, below are […]
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