merrymart

Business News | Companies

Sia-Tan Caktiong’s DoubleDragon makes a daring innovation by adding MerryMart to its portfolio in a P1.28 billion transaction.
ByTrixie Dauz April 19, 2025
For P1.28 billion, bilyonaryos Injap Sia and Tony Tan Caktiong’s joint venture, DoubleDragon Corp., is purchasing a 35% share in MerryMart Consumer Corp. 2.66 billion common shares are being purchased in this transaction, at a 30-day volume-weighted average price (VWAP) of P0.48 per share. A 50% cash payment of Php…
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Read More Sia-Tan Caktiong’s DoubleDragon makes a daring innovation by adding MerryMart to its portfolio in a P1.28 billion transaction.