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Mang Inasal founder gears up to deliver another hot Philippine IPO


March 14, 2021 | 11:30 am
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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. ....

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Barbecue-Chicken Tycoon Gears Up to Deliver Another Hot Philippine IPO


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 ‘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 t ....

Claire Alviar , Kerwin Chan , Rachelle Cruz , Papa Securities Corp , Financial Group Inc , Ap Securities Inc , Philstocks Financial Inc , Merrymart Consumer Corp , Doubledragon Properties Corp , Injap Sia , Merrymart Consumer , Doubledragon Properties , Philstocks Financial , Southeast Asian , Papa Securities , கெர்வின் சான் , ரேச்சல் குரூஸ் , பாப்பா பத்திரங்கள் கார்ப் , நிதி குழு இன்க் , அப் பத்திரங்கள் இன்க் , தென்கிழக்கு ஆசிய , பாப்பா பத்திரங்கள் ,

Trading drops as PSE halts high flying Abra Mining stock


March 11, 2021 | 1:14 pm
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Daily trading in Philippine equities, Asia-Pacific’s second-worst performer this year with a 4.6% loss, has plunged from a record after the bourse suspended its most active stock Abra Mining & Industrial Corp.
Shares of unprofitable Abra Mining were suspended indefinitely amid a probe by the exchange and the regulator for alleged violations that include trading of unissued and unlisted company stock. The halt, since March 4, will last until the infractions are resolved, the bourse said.
While Abra Mining comprised 77% of the market’s daily transactions this year before the suspension, appetite for other smaller and speculative equities that had skyrocketed amid a buying frenzy by individual investors has also been quelled by the trading halt. ....

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