Injap Sia's DoubleDragon is Asia's Hottest Property Stock
Rising 2,500 percent since its IPO, the Manila-based builder beat 460 other Asian property developers, says Bloomberg
“Edgar "Injap" Sia II's DoubleDragon Properties Corp. completed the first of its signature project—branded community malls—only less than two years ago but it already outperforms other property developers in the Philippines as well as Asia.
Since its IPO in April 2014, DoubleDragon stocks have risen by 2,500 percent as of end-January this year, beating 460 other Asian property development companies valued at least $500 million, said Bloomberg.
In all my years as a people watcher, I have never seen a self-made businessman quite like Edgar “Injap” Sia whom I met many years ago through Go Negosyo founder Joey Concepcion. At the time, the then 20-something “provincial businessman” was just starting Mang Inasal, a small chicken barbecue restaurant that he put up with money he borrowed from his father, Edgar Sr.
NEWS 2
| 02 February, 2017
Youngest PH Billionaire Releases Book on Principles Behind His Amazing Success
Edgar "Injap" Sia II never ceases to amaze. Last September, Forbes reported that his net worth soared by $800 million to $1.2 billion, making him the Philippines' youngest dollar billionaire.
BORACAY, Aklan -- The first cinema and the first Jollibee store have been opened in this island paradise as the DoubleDragon group unbolted the doors of City Mall Boracay to locals and tourists on Saturday.
On the first day the first ever branch of Mang Inasal opened to the public in a 200-sq.-m. space at the car park building of Robinsons in Iloilo City, the store’s grill exhaust malfunctioned. Instead of serving chicken barbecue, Injap Sia, then 26, and his 20 employees fried the chicken.
