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)

Dec 8, 2016

2. SEC Identification Number

30354

3. BIR Tax Identification No.

287191423000

4. Exact name of issuer as specified in its charter

DOUBLEDRAGON PROPERTIES CORP.

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

+6328567111

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	2,229,730,000
Preferred	100,000,000

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 Properties Corp.DD

PSE Disclosure Form 6-1 - Declaration of Cash Dividends References: SRC Rule 17 (SEC Form 17-C) and
Sections 6 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Declaration of regular cash dividend to all Preferred Share stockholders of the Corporation.
Background/Description of the Disclosure
The Board of Directors approved today, December 8, 2016, a Regular Cash Dividend to the Preferred Shareholders in the amount of P1.61945 per share. The regular dividends will be paid to all shareholders on record as of January 4, 2017 and will be paid on January 14, 2017.

Type of Securities

• Common
• PreferredDDPR
• Others-

Cash Dividend

Date of Approval by Board of Directors	Dec 8, 2016
Other Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Relevant Regulatory Agency, if applicable	N/A
Type (Regular or Special)	REGULAR
Amount of Cash Dividend Per Share	1.61945
Record Date	Jan 4, 2017
Payment Date	Jan 14, 2017

Source of Dividend Payment
Unrestricted Retained Earnings
Other Relevant Information
None