DOUBLEDRAGON Corporation announced that its Board approved the promotion of Ferdinand J. Sia as Vice Chairman of DoubleDragon to succeed Atty. Rodolfo Ma. Ponferrada who was appointed President of the corporation.
Both appointments became effective on March 1, 2025.
Edgar “Injap” Sia II remains as CEO and Chairman, and Tony Tan Caktiong remains as Co-Chairman.
The following are the updated roles and designations of DoubleDragon officers:
* Edgar J. Sia II – Director, Chairman and CEO
* Tony Tan Caktiong – Director and Co-Chairman
* Ferdinand J. Sia – Director and Vice Chairman
* William Tan Untiong – Director and Corporate Secretary
* Joseph Tanbuntiong – Director and Assistant Corporate Secretary
* Gary P. Cheng – Independent Director
* Vicente S. Perez Jr. – Independent Director
* Atty. Rodolfo “Pong” Ponferrada – President of DoubleDragon and concurrently Executive Chairman of Hotel101 Global
* Rizza Marie Joy Sia Javelona – Board Adviser, Treasurer and CFO
* Hannah Yulo-Luccini – Chief Investment Officer of DoubleDragon and concurrently President & CEO of Hotel101 Global
* Chief Justice Artemio Panganiban (Ret.) – Board Adviser
* Ernesto Tanmantiong – Board Advisor
“These are all towards establishing a larger and stronger DoubleDragon Corporation from 2025 to 2035, and aligns with the Company’s vision to transition into a true Tier 1 company by the end of this year 2025 as the company continues its growth and expansion across Luzon, Visayas, and Mindanao, and overseas to eventually over the long term, export Hotel101 in 100 countries globally,” said DoubleDragon Chairman Edgar “Injap” Sia II.
He added: “DoubleDragon expects this 2025 as the most significant year in its history since the DoubleDragon joint venture between myself and Tony Tan Caktiong came to life 13 years ago in 2012.”
“As of now, DoubleDragon Corporation is one of the few companies in the Philippines with footprint and significant investments all over Luzon, Visayas and Mindanao, as far as Aparri in Luzon, and as far as Basilan, Cotabato, and Sultan Kudarat in Mindanao bringing lasting and impactful economic progress in the countryside, said Sia.
“Myself as a committed and passionate Filipino entrepreneur, together with our hardworking team, the vision we set are carefully planned, deeply thought of, and we are set to continue the same entrepreneurial execution intensity,” he added.
Sia further said, “It is my life dream to see DoubleDragon in the next decade towards 2035 to become one of the major pillars of the Philippine economy, with operations globally while bringing massive contribution to nation building, and again through Hotel101 endeavor to positively carry the Filipino flag in all the countries it eventually operates in.”
Year 2025 is the defining moment year in DoubleDragon Corporation’s 13 year history. In 13 years DoubleDragon Corporation worked its way from its journey as a start up company, to a Tier3 company, to a Tier2 company and this year to enter to begin to become a Tier 1 company by this year 2025.
About Atty. Rodolfo “Pong” Ponferrada
Atty. Rodolfo Ma. A. Ponferrada served as the President of Alphaland. He is also formerly the managing partner of Ponferrada & San Juan Law Office.
Atty. Ponferrada was the General Counsel of the RVO (Roberto V. Ongpin) Group of Companies. His law practice began in 2002 as an associate at SyCip Salazar Hernandez & Gatmaitan Law Office.
He holds a Bachelor of Laws, cum laude, from the University of the Philippines (2001) and a Bachelor of Science in Management (Honors Program), magna cum laude, with a Minor in Japanese Studies from the Ateneo de Manila University (1997). He placed number 1 in the 2001 Philippine Bar Examinations.
Total Equity
DoubleDragon’s Total Equity is set to exceed Php100 Billion for the first time in 2024. The Company is positioned to become one of the few companies in the Philippines with Total Equity at 12 digit level. DoubleDragon happens to be one of the very few companies that has not only positioned a diversified hard asset portfolio spread out across the Philippines, but it also happens to be one of the very few that has organically developed a novel asset-light concept and highly unique business model in Hotel101 (HBnB) that is portable and exportable to other continents globally.
The export of Hotel101 is expected to eventually become one of the major US Dollar inflow generators to the Philippine economy.
DoubleDragon’s string of titled investment properties strategically planted in prime locations spread out in Luzon, Visayas, Mindanao and Overseas serves as its strong underlying solid foundation.
On top of its string of diversified hard assets portfolio in the Philippines, DoubleDragon happens to be one of the few companies in the Philippines that was able to organically develop a novel and unique business model and brand in Hotel101 that is highly portable and exportable to multiple continents.
DoubleDragon Corporation is chaired and co-chaired by two Filipino entrepreneurs — Mang Inasal Founder, Edgar “Injap” Sia II and Jollibee Founder, Tony Tan Caktiong./PN
