DoubleDragon Properties Corp. (DD)

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1. Company Information
Company Name	DoubleDragon Properties Corp. (DD)
Sector	Property		Incorporation Date	Dec 09, 2009
Subsector	Property		Number of employees	287 (Group Total)
Board of Directors	Chairman: Edgar J. Sia II, Co-Chairman: Tony Tan Caktiong (JFC)
Website / E-mail	www.doubledragon.com.ph / investors@doubledragon.com.ph
2. Stock Information
Total Assets	61,146,016,214	Market Capitalization		84,618,253,500.00
Total Liabilities	40,037,591,209	Outstanding Shares		2,229,730,000
Retained Earnings	1,898,369,463	Listed Shares		2,229,730,000
Listing Date	Apr 07, 2014	Issued Shares		2,229,730,000
Board Lot	100	Free Float Level (%)		25.62%
Par Value	0.1	Foreign Ownership Limit		40%
3. Major Stock Holders (common shares)
INJAP INVESTMENTS INC. HONEYSTAR HOLDINGS CORP. PCD Filipino PCD Non-Filipino				36.99% 36.99% 12.93% 12.83%
4. Company Descriptions and Business Development
Notes 1. Honeystar, incorporated in 2012, is the holding company of the Tan and Ang Families. 2. SM Investments Corporation (“SMIC”) subscribed to thirty-four percent (34%) of CityMall Commercial Centers Inc. (CM) in 2014. 3. Mang Inasal is now a subsidiary of JFC.
Overview It was originally a real estate development company owned by Injap Investment, but later, it became a 50/50 joint venture between Injap Investments Inc., headed by Mr. Edgar J. Sia II who is also the Founder of Mang Inasal Philippines, Inc. (“Mang Inasal”), and Honeystar Holdings Corporation (“Honeystar”), headed by Mr. Tony Tan Caktiong, who is also the Chairman and Founder of Jollibee Foods Corp. (“JFC”).  The Company‟s vision is to accumulate One Million (1,000,000) square meters of leasable space by 2020 primarily through the rollout of one hundred (100) community malls across provincial cities in the Philippines through its community mall chain brand “CityMall” under its subsidiary CityMall Commercial Centers Inc. (“CM”), and through the development of two major commercial office projects, DD Meridian Park and Jollibee Tower. At present, the Company has acquired a total of fifty-four (54) sites for its community malls. Ten (10) CityMalls have commenced commercial operations. Twenty-nine (29) CityMalls are under construction of which majority will be opening in 2017 while the 2 remaining fifteen (15) will be completed and majority thereof will be operational by 2018. It has several other residential/office building projects. Business Revenue contribution in 2016 (in millions pesos) Real estate sales Leasehold rights sales Rent income Hotel revenues Unrealized gains from changes in fair values of investment property Interest income Income from forfeitures Others 931 292 268 78 1,830 119 12 177 25.1% 7.2% 6.0% 0.0% 42.0% 6.3% 3.6% 1.6% Subsidiaries / Associates / Affiliates / Joint Ventures DD-Meridian Park Development Corp. (70%) CityMall Commercial Centers Inc. (CM, 66%) Iloilo-Guimaras Ferry Terminal Corp. Hotel of Asia, Inc (HOA, 70%). Operates Hotel 101. DoubleDragon Property Management Corp.