We expect that this spherical of fundraise will completely cowl the entire capex requirements of the Company to complete [the] 2020 intention of one million square meters of leasable area,” DoubleDragon chairman and leader government officer Edgar Sia II stated in a statement.
“Majority of the proceeds will be deployed in our tasks within 2017 as by means of 2018, we assume to already have sizeable rental sales from our provincial community mall chain, CityMalls and our Metro Manila office projects such as Double Dragon Plaza in DD Meridian Park and Jollibee Tower in Ortigas CBD, each of which are expected to be completed within 2018,” Sia delivered.
Earlier this year, DoubleDragon issued 100 million desired stocks with a par value of P100 according to proportion equal to P10 billion.
investment attractiveness 