February 18, 2021 | 12:31 am Font Size
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The DDMP real estate investment trust includes the first six completed buildings in DD Meridian Park, located at the Bay Area, Pasay City. COMPANY HANDOUT
DOUBLEDRAGON PROPERTIES Corp. has secured the corporate regulator’s approval to bring public its real estate investment trust (REIT) that aims to raise nearly P15 billion.
In a statement, the Securities and Exchange Commission (SEC) said the Commission en banc “considered favorably” the P14.71-billion initial public offering (IPO) of DDMP REIT, Inc. The shares will be listed on the main board of the Philippine Stock Exchange (PSE), pending compliance with the bourse’s requirements.
SEC OKs DoubleDragon REIT offering gmanetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gmanetwork.com Daily Mail and Mail on Sunday newspapers.