PHL shares inch up on last-minute foreign buying bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
March 14, 2021 | 11:30 am Font Size
Edgar Injap J. Sia II, chairman and chief executive officer of DoubleDragon Properties Corp.
A Philippine tycoon whose two previous initial public offerings flew off the shelves against all odds, could deliver another winner this month, if history is any guide.
Edgar ‘Injap’ Sia’s grocer MerryMart Consumer Corp. defied a market slump when it jumped 50% in its June debut amid the global pandemic, matching the gain of his DoubleDragon Properties Corp. in 2014. His DDMP REIT Inc.’s IPO of up to 14.7 billion pesos ($303 million) will take the spotlight on March 23 when the shares become the first of 2021 to list on the nation’s bourse.
Barbecue-Chicken Tycoon Gears Up to Deliver Another Hot Philippine IPO
Ian Sayson, Bloomberg News Edgar Injap Sia, chief executive officer of DoubleDragon Properties Corp., speaks during an interview in Makati City, in Manila, the Philippines, Thursday, Jan. 26, 2017. DoubleDragon went public in the Philippines in 2014 and has surged 2,500 percent since it began trading in April that year through Jan. 31, beating 460 other Asian developers worth at least $500 million. , Bloomberg
(Bloomberg) A Philippine tycoon whose two previous initial public offerings flew off the shelves against all odds, could deliver another winner this month, if history is any guide.
Edgar âInjapâ Siaâs grocer MerryMart Consumer Corp. defied a market slump when it jumped 50% in its June debut amid the global pandemic, matching the gain of his DoubleDragon Properties Corp. in 2014. His DDMP REIT Inc.âs IPO of up to 14.7 billion pes