C01891-2022

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 22, 2022
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
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) 47,539.96
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 REIT-1 - Reinvestment Plan
References: Rule 4 of the IRR of the REIT Act of 2009 and
Sections 4 and 8 of the Amended PSE Listing Rules for REITS

Report Date Mar 22, 2022
Amendment No.: -
Items amended by Filing

In view of the COVID-19 pandemic and the different community quarantines and government restrictions on movement of persons and business operations, DD was constrained to re-prioritize its projects and developments in order to optimize its expenditures.

Following current regulations, DoubleDragon intends to invest its net proceeds in two (2) office towers in Metro Manila, eleven (11) hotel properties, four (4) mixed-use developments, fourteen (14) warehouse complexes and ten (10) community mall centers located in the Philippines.

DoubleDragon is to disburse a total of Php 6,096.1 Million, which represents the total proceeds from the IPO less the total disbursements made as of December 31, 2021.

From the original plan of 26 projects, the revised Plan now covers 41 real estate projects of DoubleDragon. Pertinent changes are outlined below.

6 CentralHub projects were removed subject to an initial change in priority development plans namely CentralHub-Zamboanga, CentralHub-Butuan, CentralHub-Naga, CentralHub-Bohol, CentralHub-Palawan and CentralHub-Bulacan. DD Meridian Tower will be removed since after evaluation the cash of DD Meridian Tower Corp is already sufficient to finish the project, and Mactan Beachfront Property were removed subject to a change in development priority plans.

Disbursements to the 10 projects listed below was reduced by P2,259.3 Million due to changes in development schedules as a results of adjustment in the priority developments, adjustment in the development size, and adjusted timetable.

1. Robinsons DoubleDragon Square
2. CentralHub-Surigao
3. CentralHub-Negros
4. CentralHub-Cagayan de Oro
5. CentralHub-Tuguegarao
6. CentralHub-General Santos
7. CentralHub-Leyte
8. CentralHub-South Luzon
9. CentralHub-Cebu2
10. CentralHub-Zamboanga


The Php 5,455.9 Million will now be disbursed to 23 new identified projects namely:

1. Ascott-DD Meridian Park
2. DDHH-Mandurriao
3. DDHH-Zarraga
4. DDHH-Tanauan
5. Greencoast Guimaras
6. Hotel 101 Fort
7. Hotel 101 Bohol
8. Hotel 101 Davao
9. Hotel 101 Resort Boracay
10. Hotel 101 Palawan
11. Hotel 101 Mactan Cebu
12. Hotel 101 Libis
13. Hotel 101 Guimaras
14. CM Ozamiz
15. CM Bacalso
16. CM Los Baños Bay
17. CM Palo
18. CM Surigao
19. CM Gen. Trias
20. CM Antique
21. CM Ormoc
22. CM Guiwan
23. CM Northtown Davao
Exact Name of REIT as Specified in its Charter DDMP REIT, INC.
Address of Principal Office DD Meridian Park Bay Area Brgy 76 Zone10, San Rafael, Pasay City, Metro Manila, Philippines
SEC Identification Number CS201420992
BIR Identification Number 008893096
Name of REIT Corporation: DDMP REIT, INC.
Reinvestment Plan Period: Mar 7, 2021
A. Income-Generating Properties Transferred by the Sponsors/Promoters to the REIT
Name of Sponsor/Promoter Description of Property Transferred Certificate of Title of Property Transfer Value of the Property to the REIT
- - - -
B. Estimated Amount of Proceeds/Money to be Realized by the Sponsors/Promoters
I. From the Subsequent Sale of REIT shares or other securities issued in exchange for income-generating real estate transferred by the Sponsors/Promoters to the REIT
Name of Sponsor/Promoter Estimated Amount of Proceeds
- -

II. From the Sale of income-generating real estate to the REIT
Name of Sponsor/Promoter Estimated Amount of Proceeds
- -
C. The Reinvestment Projects
Description of the Real Properties/Infrastructure Projects subject of the Reinvestment Policy
Description of the Real Properties/ Infrastructure Projects Location Estimated Timing of Disbursement of the Money/ Proceeds for Reinvestment Percentage of Completion as of the Date of the Reinvestment Plan Type of Investment
(Direct ownership, shareholding, etc.)
- - - - -
Other Relevant Information

Please see the attached Amended Reinvestment Plan for more details.
Filed on behalf by:
Name Jose Roelph Desales
Designation Investor Relations Head