Listed property developer 8990 Holdings Inc. recently signed a contract with Megawide Construction Corporation to build a low-cost residential project in Meycauayan, Bulacan comprising some 5,178 housing units. 8990 Holdings and Megawide have been buildinghigh-qualityy residential projects under the Urban Deca Homes brand over the past two years. These include the 22- and the 13-building Urban Deca Homes projects in ..
MASS HOUSING developer 8990 Holdings, Inc. is expanding into the upscale property market with the acquisition of Cebu-based property firm GENVI Development Corp. In a statement issued Wednesday, the listed firm said it is finalizing the acquisition of GENVI Development, which develops high-end properties in Cebu including integrated community Monterrazas de Cebu. “The acquisition of Monterrazas de Cebu firms up ..
Leading mass housing developer 8990 Holdings has debuted into high-end property development with a deal to acquire Genvi Development Corp., one of Cebu’s top developers of upscale property. Genvi’s flagship project is Monterrazas de Cebu, the biggest and last remaining contiguous mountain property development in the heart of Cebu City. It is a master-planned residential, commercial and institutional estate covering more than 200 hectares and offering a commanding view of Cebu, Mactan and Bohol.
Mass housing developer 8990 Holdings Inc. said Monday it will conduct a share buyback worth up P2 billion in a bid to enhance and improve shareholder value. 8990 Holdings said in a disclosure to the stock exchange it would implement the share buyback program for a period 18 months, or until August 1, 2020.