Housing developer 8990 Holdings, Inc. reported that its housing loan takeouts or proceeds from the Home Development Mutual Fund (HDMF or the Pag-ibig Fund) almost tripled last year from P5.96 billion in 2022. During the firm’s annual stockholders’ meeting on July 29, 2024, 8990 President and...
Housing developer 8990 Holdings Inc. reported that its first half net income inched up 2.5 percent to P3.79 billion in 2023 from the P3.69 billion earned last year. In a disclosure to the Philippine Stock Exchange, the firm said gross revenues from January to June 2023 was also almost flat at...
Housing developer 8990 Holdings, Inc. posted a 15.93 percent improvement in net income to P6.29 billion in the first nine months of 2022 from P5.43 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said total revenues grew 10.93 percent to P17.03...
Housing developer 8990 Holdings, Inc. posted a 55 percent increase in net income to P3.65 billion in the first six months of 2022 from P3.46 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, 8990 President and CEO Anthony Vincent Sotto said that the company was...
Leading mass housing developer 8990 Holdings Inc., is planning to launch within the second half of this year two projects that will generate a total of P12 billion in revenues. During the firm’s annual stockholders’ meeting, 8990 President Anthony Vincent Sotto said “Both of these projects...
Mass housing developer 8990 Holdings Inc. is acquiring a controlling stake in Cebu-based affordable housing builder Piccadilly Premier Land Inc. for P88.28 million. In a disclosure to the Philippine Stock Exchange, 8990 said it has entered into an Investment Agreement with Piccadilly, RDAK Land,...
Housing developer 8990 Holdings Inc. is planning a follow-on offering worth as much as P26.59 billion, consisting mostly of shares held by existing stockholders. In a statement, 8990 President and CEO Anthony Vincent Sotto said “the company views the follow-on offering as a re-IPO to re-introduce...
Housing developer 8990 Holdings, Inc. reported a 41 percent hike in gross revenues to a record P20 billion last year from the P14.2 billion generated in 2020. In a disclosure to the Philippine Stock Exchange, the firm said the milestone was achieved despite the twin challenges brought on by the...
Housing developer 8990 Holdings Inc. is projecting to generate P165 Billion in sales from 78,352 housing units in the next 7 to 10 years while expecting to hit P20 billion for this year alone. According to 8990 Holdings President and CEO Anthony Vincent S. Sotto, this estimate is based on the...
Top mass housing developer 8990 Holdings Inc. reported a 63 percent jump in net income to P5.4 billion in the first nine months of 2021 from the P3.31 billion earned in the same period last year as the real estate sector begins to recover from the impact of the pandemic. In a disclosure to the...
Mass housing developer 8990 Holdings Inc. has appointed Atty. Anthony Vincent Sotto as its new President and CEO, effective immediately. In a disclosure to the Philippine Stock Exchange, 8990 said Atty. Sotto replaces Alexander Ace Sotto who had tendered his resignation as Director, Acting...
