C06629-2023

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Aug 29, 2023
2. SEC Identification Number
30354
3. BIR Tax Identification No.
287191423000
4. Exact name of issuer as specified in its charter
DoubleDragon Corporation
5. Province, country or other jurisdiction of incorporation
Republic of the Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
DD Meridian Park Bay Area Brgy 76 Zone10, San Rafael, Pasay City, Metro Manila, Philippines Postal Code 1302
8. Issuer's telephone number, including area code
+63288567111
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common 2,345,028,600
Preferred 100,000,000
Total Debt (In Millions of Pesos) 56,047.60
11. Indicate the item numbers reported herein
Item 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

DoubleDragon CorporationDD

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Saturday, August 26, 2023 was a Filipino moment in Hokkaido Japan as the Mang Inasal Founder and DoubleDragon Corporation Chairman Edgar Injap Sia II and Jollibee Founder and DoubleDragon Corporation Co-Chairman Tony Tan Caktiong with Niseko Mayor Kenya Katayama and Kutchan Hokkaido Mayor Kazushi Monji groundbreaks the 1.17 hectare property of Hotel101 and start construction of the 482-room Hotel101-Niseko project in Hokkaido Japan.
Background/Description of the Disclosure

Hotel101 is the first ever Filipino homegrown hotel chain to expand in other countries outside the Philippines.

The contractor of Hotel101-Niseko is Iwata Chizaki Inc, one of the largest contractors in Japan, and the same contractor who built the Chitose International Airport in Saporro, Hokkaido Japan.

Niseko Hokkaido Japan– A world-class premier ski destination which remains popular year-round from its picturesque landscapes to its natural hot springs. Hotel101–Niseko will be one of the largest value hotels in Niseko encompassing 482 signature HappyRooms offering comfort, convenience and accessibility to all types of travelers. The upcoming Hotel101-Niseko sits on a sprawling 1.17 hectare property in Hokkaido Prefecture, Japan and is expected to be patronized by local domestic travelers in Japan, and foreign tourists from other countries. The extension of the Shinkansen bullet train to Niseko and Sapporo will further improve access to the region which is also reported to be in the running to host the 2030 Winter Olympics.

Niseko is famous worldwide for its powder snow and Kutchan Town where the property is located is one of the foremost areas of heavy snowfall reaching 13 meters on average with some of the best quality snow in the world. Because of its northern location, Niseko is internationally renowned for consistently delivering good falls of light powder snow and a long ski season that stretches from November until May. Hokkaido is the northmost island of Japan. During the summer Hokkaido stays cool with average temperatures of about 20 degrees Celsius and is also famous for its stunning nature scenes, hot springs, and panoramic flower fields during summer.
Other Relevant Information

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Filed on behalf by:
Name Jose Roelph Desales
Designation Investor Relations Head