Yearly Archives: 2018

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20 Dec 2018

8990 Holdings’ Deca Mall welcomes SM Hypermarket as anchor tenant

2019-01-25T05:35:20+08:00December 20, 2018|Newsroom, Manila Standard|

(from left) SM Hypermarket senior vice president Arnold Paul D. Daluz, 8990 Holdings president and chief executive officer Willie J. Uy, SM Prime director Herbert Sy, and 8990 Holdings chairman Mariano D. Martinez. Top real estate developer 8990 Holdings, Inc. recently signed up SM Hypermarket as the lead anchor tenant of Deca Mall, a P452-million community shopping mall within Urban ..

13 Dec 2018

Luxury escapes for everyone

2019-01-15T01:22:34+08:00December 13, 2018|Newsroom, Business Mirror|

From left: Stephanie Zubiri, Wil Dasovich and Mikaela Lagdameo-Martinez. 8990 Holdings Chairman Mariano Martinez with 8990 Holdings President and CEO Willie J. Uy The grand idea started with one word. Property developer 8990 Holdings Inc. (HOUSE) recently announced that it is expanding its portfolio to the hospitality industry with a plan that is big on numbers. The company, through its ..

01 Dec 2018

Top housing developer enters hospitality industry

2019-01-14T07:06:40+08:00December 1, 2018|Newsroom, Manila Standard|

Travelers are in for a more fun experience in the Philippines as a housing developer introduces a diverge range of hotels and resorts with the launch of hospitality group 8990 Leisure and Resorts. 8990 Leisure and Resorts is a subsidiary of top housing developer 8990 Holdings, Inc. (HOUSE). Looking to develop a total of 3,000 rooms in the next five ..

23 Nov 2018

From low-cost housing to the leisure, hospitality game

2019-01-25T05:43:20+08:00November 23, 2018|Newsroom, Manila Standard|

From building value-laden, low-cost housing projects across the country, 8990 Holdings, Inc. is now dipping its feet into the promising waters of the hotel and hospitality industry. recently launching 8990 Leisure and Resorts. The new company is a subsidiary of 8990 Holdings, Inc. (HOUSE), which bagged a net income of PHP 3.4 billion in the first three quarters of 2018. ..

21 Nov 2018

8990 Holdings launches leisure and resorts company

2019-01-14T06:59:38+08:00November 21, 2018|Newsroom, Manila Standard|

Top housing developer 8990 Holdings, Inc. has ventured into the leisure and hospitality industry with the recent launch of 8990 Leisure and Resorts. With PHP 5 billion worth of investments, the company is eyeing to open hotels and resorts in key destinations such as Cebu, Makati, Davao, Palawan, Boracay, Siquijor, Alabang, Manila, Iloilo, Legazpi, Clark, Lapu-Lapu, Siargao, and Baguio. A ..

09 Nov 2018

8990 profit hits P3.4B, eyes P20B by 2020

2019-01-09T03:12:16+08:00November 9, 2018|Newsroom, The Manila Times|

8990 Holdings Inc. aims to generate P20 billion in revenues by 2020 after reporting that its net income surged by 38 percent to P3.4 billion in the first nine months of 2018 from P2.45 billion in the same period last year. In a disclosure on Thursday, 8990 President Willibaldo Uy said the fact his company “have experienced a great year ..

09 Nov 2018

8990 targets to reach P20-B revenues by 2020

2019-01-09T03:08:13+08:00November 9, 2018|Newsroom, Business World|

8990 HOLDINGS, Inc. aims to generate P20 billion in revenues by 2020, driven by the completion of its mid-rise condominium project in Ortigas Extension. The listed mass housing developer said it should grow revenues by an average of 25-30% in the next two years to reach this target. “For revenues, we’re aiming for P11.5 billion now, next year we’ll have ..

09 Nov 2018

8990 income rises 38% in three quarters on higher sales

2019-01-09T02:55:55+08:00November 9, 2018|Newsroom, Business Mirror|

MASS-housing builder 8990 Holdings Inc. said its net income grew 38 percent during the first three quarters of the year to P3.4 billion, from last year’s P2.46 billion, as the company targets higher revenues by 2020. The company said it achieved the growth despite higher prices, as there is still strong buyer demand for its projects. It explained people still ..

08 Nov 2018

8990 sees revenues hitting P20 billion in two years

2019-01-09T03:19:19+08:00November 8, 2018|Newsroom, Manila Standard|

Mass housing developer 8990 Holdings Inc. expects revenues to reach P20 billion by 2020 as the company with the launching of more projects in the next two years. 8990 Holdings investor relations officer Patricia Ilagan said in a press briefing the projects to be launched in Luzon would contribute 79 percent to the projected P20-billion revenues by 2020. The company ..

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