12 Jun 2018

8990 sees sales of P4-billion from 13 Tondo towers

2019-01-09T05:29:28+08:00June 12, 2018|Newsroom, Manila Standard|

Mass housing developer 8990 Holdings Inc. expects to generate P4 billion in sales this year from 13 building residential complexes within an 8.4-hectare project in Tondo, Manila. 8990 Holdings said the demand for Urban Deca Homes Manila project had been strong after the whole development neared completion. The Tondo project, the company’s largest to date, will deliver 13,000 units with ..

04 May 2018

Stocks up slightly; DMCI, 8990 gain

2019-01-09T06:12:04+08:00May 4, 2018|Newsroom, Manila Standard|

The stock market rose marginally Friday after staying in the red for the most of the trading session, with bargain hunting boosting some second-liners. The Philippine Stock Exchange Index added 11.09 points, or 0.2 percent, to 7,546.19 on a value turnover of P6.2 billion. Losers, however, beat gainers 107 to 88, with 38 issues unchanged. Mass housing developer 8990 Holdings ..

02 May 2018

8990 says ‘17 profit increased 16% to P4.14b

2019-01-09T06:20:10+08:00May 2, 2018|Newsroom, Manila Standard|

Mass housing developer 8990 Holdings Inc. said net income in 2017 rose 16 percent to P4.14 billion from P3.58 billion in 2016 on double-digit growth in revenues. 8990 Holdings said in a disclosure to the stock exchange revenues increased 10 percent to P10.1 billion, slightly exceeding the P10-billion target for 2017. Net income margin also expanded to 41 percent in ..

30 Jan 2018

8990 signs deal to sell receivables worth P2.8b

2019-01-09T07:03:48+08:00January 30, 2018|Newsroom, Manila Standard|

Mass housing builder 8990 Holdings Inc. said it sold P2.8 billion worth of receivables to Dearborn Resources and Holdings Inc. 8990 Holdings said in a disclosure to the stock exchange it signed an agreement with DRHI to sell and transfer in-house contracts to sell, or CTS, receivables worth P2 billion on a non-recourse basis. The CTS comes from housing units ..

19 Jan 2018

8990 sees P2-b sales from 2nd Cebu condo

2019-01-09T07:32:28+08:00January 19, 2018|Newsroom, Manila Standard|

Mass housing developer 8990 Holdings Inc. expects to raise P2 billion in sales from a newly launched mid-rise condominium complex in Tisa, Cebu. The Urban Deca Homes Tisa 2 will consist of 21 four-story buildings offering a total of 1,392 units and targeting the young, working professionals and parents, as well as college students from neighboring provinces who work or ..

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