It has come to our attention that what was previously published as our Official Statement was the draft instead of the final approved version thereof. Owing to this oversight, a republication of our public apology is in order. This republication is in reference to our Official Statement published in the 19 and 26 October 2019 issues of THE PHILIPPINE DAILY ..
MASS housing developer 8990 Holdings, Inc. is looking at generating P205 billion in sales in the medium term from projects it may launch using its existing land bank. In a briefing on Monday, 8990 Acting President and Chief Operating Officer Alexander Ace Sotto said the company keeps a land bank of 657.12 hectares, spread across Luzon (148.04 hectares), Visayas (366.96 ..
By Denise A. Valdez, Senior Reporter MASS HOUSING developer 8990 Holdings, Inc. booked 12% higher earnings in the first quarter of the year, on the back of sustained demand for its products in Metro Manila and key regions. In a disclosure to the exchange on Tuesday, the company said its net income reached P1.32 billion in January to March, supported by the ..
MANILA, Philippines — 8990 Holdings Inc., the listed mass housing developer, reported a 12 percent hike in net income in the first quarter to P1.3 billion on sustained double-digit growth in revenues. Revenues rose 15 percent to P3.5 billion during the period. The company delivered a total of 2,291 housing units, up four percent year on year. This follows 8990’s ..
Mass housing developer 8990 Holdings Inc, listed on the Philippine Stock Exchange under the symbol “HOUSE,” posted another record high revenues last year, increasing 30 percent on year to P15.3 billion on the back of an eight percent growth in housing units delivered for last year. This translated to a net income growth of 19 percent on year to ..
Download Please be advised that the Annual Meeting of the stockholders of 8990 HOLDINGS, INC. (the “Company”) for the year 2020 will be conducted online on 14 September 2020, Monday, at 2:00 p.m. Stockholders who wish to participate in the proceedings may do so by signing on at the following URL address: Register here!
8990 is one with the nation in the fight to contain the COVID-19 pandemic. We appreciate the valuable contributions of those on the frontlines, many of which, are Deca/Urban Deca homeowners. We also commend the majority of our homeowners who stayed at home and continued to pay their monthly amortization. These are challenging times and we know you share our ..
8990 Holdings Inc., the leading affordable housing developer in the Philippines, awarded SEA Games weightlifting gold medalist Hidilyn Diaz with a P500,000 check for giving honor and pride to the Philippines after bagging three gold medals in the recently concluded 2020 Weightlifting World Cup in Rome, Italy. Diaz previously received a house and lot at DECA Clark Resort and Residences ..
8990 Holdings Inc. chairman Mariano Martinez. Leading property developer 8990 Holdings Inc. takes a step higher as it tops off the first building in its newest 22-tower condo residential development, Urban Deca Homes Ortigas. The 13-hectare project, located in the heart of Pasig City, is part of 8990’s rapid expansion — its biggest project to date. It will be completed ..
MANILA, Philippines — Mass housing developer 8990 Holdings Inc. had sold P5 billion worth of contract-to-sell (CTS) receivables to a local financial holding firm. In a disclosure to the Philippine Stock Exchange, 8990 said the receivables were sold to Dearborne Resources and Holdings Inc. The transaction was funded by China Banking Corp.