Edgar Injap Sia —FILE PHOTO
MANILA, Philippines – DoubleDragon Corp. said shareholders of nearly 99 percent of MerryMart Consumer Corp. had tendered their shares under its acquisition offer, bringing the conglomerate closer to fully consolidating the listed retailer into its business ecosystem.
In a disclosure on Thursday, DoubleDragon founder Edgar “Injap” Sia said this signals overwhelming shareholder support for the transaction internally referred to as “Project Solidify.”
READ: DoubleDragon delivered record P28-B revenue in 2025
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