C04620-2017

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)
Jul 26, 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
Corporate Bonds (Series A, B, and C) 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 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

8990 BREAKS GROUND ON ITS FIRST LIFESTYLE NEIGHBORHOOD MALL

Background/Description of the Disclosure

8990 Holdings Inc, the Philippine’s top affordable homes developer, moved closer to its goal of securing its foothold in Metro Manila with the ground-breaking ceremony of its first lifestyle neighborhood mall located within its project in Tondo, Manila. While also open to the other neighboring communities, the Php452 million mall will serve as the amenities area of the 13-building Urban Deca Homes Manila, thus, keeping association dues of homeowners at affordable levels.

According to 8990’s President and CEO, JJ Atencio, “the costs of maintaining condominium amenities are distributed evenly among every homeowner whether or not he avails of these. This adds to the cost of his association dues. By having a mall that offers the typical amenities such as a gym or spa, we lower association dues thus maintaining our objective of providing affordable housing for hardworking middle-class Filipinos”.

The 2-storey neighborhood mall is located within 8990’s 8.4 hectare project called Urban Deca Homes Manila. The mall will have a total gross floor area of 18,000 sqm and a gross leasable area of 14,000 sqm. It will have a supermarket, activity areas and a foodcourt. However, the most important feature is an area dedicated to small medium enterprises or SMEs. The space allotted for SMEs would be rented out to businesses that would otherwise be excluded from much larger malls.

Deca mall is located North of Manila near the Port of Manila. It is 5 minutes away from away from Divisoria, 10 minutes away from Binondo. The mall is expected to be completed in the third quarter of 2018.

Other Relevant Information

Please see attached.

Filed on behalf by:
Name Mohammad Taha Basman II
Designation Assistant Manager