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)

Feb 23, 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	The Manila Times
Subject of News Report	8990 Holdings eyes bigger stake in Primex
Date of Publication	Feb 23, 2017

Clarification of News Report
We reply to your request for clarification on the news article entitled “8990 Holdings eyes bigger stake in Primex” published in the February 23, 2017 issue of The Manila Times. The article reported in part that: “The 8990 Holdings group plans to increase its stake in property firm Primex Corp. further to 10 percent to gain easy access to Primex’s land bank for an upcoming joint venture, a top 8990 official said on Wednesday. 8990 Holdings Inc. President Januario Jesus Atencio 3rd told The Manila Times his group is targeting to acquire “about 10 percent” of Primex. . . . . The latest transaction doubled the group’s interest in Primex to 5.6 percent, from 2.8 percent as of October 2016. Atencio said the group is keen on having a joint venture with Primex due to the latter’s sizable and attractive land inventory in strategic areas. ‘It’s more of the locations of their land bank that make it a really good portfolio,’ the 8990 Holdings president said in a text message to the Times. . . . .” By way of clarification, the CEO said, "The statements from the CEO, as cited in the news reports today are accurate enough.” But as of this moment, the principals, as disclosed publicly, have only 2.8 percent holdings in Primex. The CEO further says that, "Primex is one of the quality developers in the mid cost and high end residential space and we are happy to share each other's resources and expertise to produce a distinctive synergy that will immensely benefit both 8990 and Primex in the years to come.” He added that, “With the success of 8990’s business model and the strategic locations of their landbank, we are excited about this partnership.”
Other Relevant Information
N/A