Tag: DDMPR

Double Dragon Defers Listing of REIT to March 24

In a press-release disclosure to the Philippine Stock Exchange, Double Dragon Properties Corporation said it was moving the listing of its Retail Investment Trust Fund, DDMPR, by one day: from Tuesday, March 23, 2021 to Wednesday, March 24, 2021. The postponement was for the purpose of completing the lodgement of DDMPR shares to various stockbrokers, delayed “due

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Double Dragon REIT Priced at P2.25 Per Share

In a letter to the Philippine Stock Exchange on March 05, 2021, Double Dragon Properties Corporation disclosed that the company’s maiden Real Estate Investment Trust, called DDMP (Double Dragon Meridian Park) REIT, had been priced at P2.25 per share. At this price, the estimated dividend yield as per the REIT company’s projections is 5.0% for year 2021

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