8990 Holdings raises P1.3B from corporate notes issuance

Oct 19, 2020 | GMA Network

  Listed low-cost housing developer 8990 Holdings Inc. said Thursday it has raised P1.3 billion from the issuance of enrolled corporate notes. In a disclosure to the Philippine Stock Exchange, 8990 said the issued notes are Philippine peso-denominated and exempt...

ERRATUM: OFFICIAL STATEMENT OF 8990 HOLDINGS, INC.

Oct 7, 2020 | Newsroom

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...

8990 expects P205-billion potential sales in 7-10 years

Sep 22, 2020 | Business World

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...

Sustained housing demand lifts 8990 profits up 12%

Aug 26, 2020 | Business World

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,...

8990 Holdings net income up 12%

Aug 26, 2020 | PhilStar

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...