8990 to offer P3B in retail bonds

Mass housing developer 8990 Holdings plans to roll out this third quarter a pioneering P3- billion retail bond offering backed by housing receivables. Separately, 8990 Holding plans to unload via bilateral transactions some P10 billion in housing receivables under its...

8990 Holdings profit doubles to P2.4-B

MANILA — Housing developer 8990 Holdings Inc. on Monday said its net income doubled to PHP2.4 billion in the first half of the year on the back of robust demand for affordable homes. 8990 Holdings President and Chief Executive Officer Willie Uy is confident of...