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Business

‘DoubleDragon to be a fully mature company by 2025’

Iris Gonzales - The Philippine Star

MANILA, Philippines — DoubleDragon Corp., the listed holding company chaired by tycoon Edgar “Injap” Sia II, has reaffirmed its commitment to its shareholders.

In his message, Sia said  the company’s two major near term goals is to usher in the DD Group’s Philippine portfolio of provincial retail leasing, office leasing, industrial warehouses, and hotels to reach optimum maturity level in terms of recurring income generation.

“The goal for the overall parent company DoubleDragon Corp. is to graduate from an adolescent company now to become a strong and fully mature company before 2025,” Sia said.

The second goal is to successfully jumpstart DD Group’s homegrown hybrid condotel brand and concept Hotel101 to become a global Filipino brand.

“Wouldn’t it be great for all of us to eventually be able to see and actually check-in a truly Filipino hotel brand in over 100 countries around the world? Other countries have their homegrown hotel brand exported to other parts of the world,” Sia said.

“In a nutshell, in a few years we envision the World of DoubleDragon Corp. simply be this: A portfolio of select prime office buildings in Metro Manila, a CityMall in every provincial city in the Philippines, a CentralHub warehouse complex in every regional province in the Philippines, a Hotel101 in every urban city and key destination in the Philippines and in other countries overseas,” he said.

Sia said these are DoubleDragon’s continuing commitment amid all the sweeping changes happening in the world.

“Change is creeping in just about everything. And while we are all in the middle of this major global shake up, rest assured that your whole DD team will remain steadfast, determined, focused, alert and agile to continue to grow and nurture all its business units to get stronger each year forward,” he said.

DoubleDragon has so far completed a portfolio of over one million square meters of leasable gross floor areas across these four businesses.

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