C01440-2024

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)
Mar 14, 2024
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 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

HOTEL101-MADRID BREAKS GROUND

CONSTRUCTION CONTRACT AWARDED TO FERROVIAL CONSTRUCTION GROUP
Background/Description of the Disclosure

(See Photo) Jollibee Founder and DD Co-Chairman Tony Tan Caktiong and Mang Inasal Founder and DD Chairman Injap Sia with Philippine Ambassador to Spain Philippe J. Lhuillier

(See Photo) The Minister of Economy, Finance and Employment of the Region of Madrid, Spain Rocio Albert Lopez-Ibor delivers her message during the Hotel101-Madrid ground breaking event

MADRID, SPAIN. On Wednesday, March 13, 2024, the 680-room Hotel101-Madrid has progressed with two milestone activities on the same day as it conducts its ground breaking ceremony and signs the construction contract with Ferrovial Construction at Valdebebas, Madrid, Spain.

The Groundbreaking Ceremony was graced by the Minister of Economy, Finance and Employment of the Region of Madrid, Spain Rocio Albert Lopez-Ibor, and the Philippine Ambassador to Spain Philippe J. Lhuillier.

Both activities of Hotel101-Madrid was led by DoubleDragon Chairman Edgar Injap Sia II, Hotel101 CEO Hannah Yulo-Luccini, and DoubleDragon Co-Chairman Tony Tan Caktiong.

The milestone event was also graced by the officers of Ferrovial Construction Group represented by Juan Luis Junguito Oppelt – Director Region Centro of Ferrovial, Belen Marquina Susin – Directoria Edificacion Madrid of Ferrovial, Manuel Angel Sanz Pecharroman – Jefe de Grupo de Obras of Ferrovial, and Equicom Group Chairman Antonio L. Go.

Ferrovial is one of the largest construction companies in Spain, and is set to commence full swing construction this April 2024, and is scheduled to be fully completed by Q4 2025, and opening just in time for the start of the Madrid F1 Grand Prix, which happens to be located right beside Hotel101-Madrid.

The 680-room Hotel101-Madrid project set to become one of the top 5 largest hotels in Madrid, Spain, and is located in a 6,593 square-meter prime commercial property recently purchased by Hotel101 located along Avenida Fuerzas Armadas, Valdebebas, Madrid which is surrounded by major landmark buildings and is about 3 minutes walk to the Valdebebas Train Station, 4 minutes walk to IFEMA convention complex, 5 minutes walk to Real Madrid Sports Complex, and around 7 minutes to the new Madrid Barajas International Airport.
Other Relevant Information

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