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DoubleDragon to open shopping mall in Divisoria

MANILA, Philippines - DoubleDragon Properties, a company owned by Jollibee owner Tony Tan Caktiong and Mang Inasal founder Edgar "Injap" Sia II, is planning to open a mall in Divisoria, Manila.

In a disclosure to the stock exchange, DoubleDragon said it has acquired a nearly 6,000 square meter prime real estate property at C.M. Recto corner Dagupan Sts., Divisoria. It had entered into a memorandum of agreement to acquire the property from Equitable Development Corp. and Menlo Capital Group.

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