SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Jan 3, 2017

2. SEC Identification Number

CS200511816

3. BIR Tax Identification No.

239-508-223-000

4. Exact name of issuer as specified in its charter

8990 Holdings, Inc.

5. Province, country or other jurisdiction of incorporation

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

11th Floor, Liberty Center, H.V. dela Costa Street, Salcedo Village, Makati City Postal Code 1200

8. Issuer's telephone number, including area code

+634789659

9. Former name or former address, if changed since last report

N/A

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
COMMON SHARES	5,517,990,720
FIXED RATE BONDS	9,000,000,000

11. Indicate the item numbers reported herein

Item 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

8990 Holdings, Inc.HOUSE

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Clarification of News Reports

Source	ManilaBulletin Online
Subject of News Report	8990 Holdings unit to build P10.2-B Tondo housing project
Date of Publication	Dec 29, 2016

Clarification of News Report
We reply to your request for clarification on the news article entitled “8990 Holdings unit to build P10.2-B Tondo housing project” posted in Manila Bulletin (Internet Edition) on December 29, 2016. The article reported in part that: “Tondo Holdings Corporation (THC), a wholly-owned subsidiary of mass housing developer 8990 Holdings, Inc., is investing P10.2 billion for the construction of 13-storey residential buildings in Tondo, Manila at a price range of P700,000 to R2 million per unit. . . . .” By way of clarification, The CEO said, “This news article is accurate, and the Company is pleased with the decision of the Board of Investments to include Urban DECA Homes Manila in its Investments Priority Plan that granted the project tax incentives.” It is important to note that the construction of the project is on-going and is expected to be operational by January 2017. The project involves the development of around 85,000 square meters (sqm) on Vitas Street, Tondo, Manila with the construction of thirteen (13) 13-storey buildings with a total capacity of 13,212 units. The proposed condominium project comprises of studio type units measuring 22.95 sqm per unit, 1 bedroom (27.42 sqm), and 2 bedroom, type A and B measuring 32.18 sqm and 30.6 sqm, respectively, with tiled finish flooring (interior), toilet and bath and kitchen counter already tiled. It will have amenities such as a community mall and children’s playground. Residential units are expected to have package prices ranging from P1,200,000 to P2 million per unit.
Other Relevant Information
N/A