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)

Sep 25, 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 4-13 - 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	Inquirer.net
Subject of News Report	“SEC approves 8990 Holdings preferred shares offering”
Date of Publication	Sep 25, 2017

Clarification of News Report
We reply to your request for clarification on the news article entitled “SEC approves 8990 Holdings preferred shares offering” posted in Inquirer.net on September 25, 2017. The article reported in part that: “The Securities and Exchange Commission (SEC) has approved a plan by leading mass housing developer 8990 Holdings to raise as much as P5 billion from an offering of perpetual preferred shares. Based on a document submitted to the SEC, the corporate watchdog has allowed 8990 Holdings to sell as much as 50 million new preferred shares by way of primary offering at P100 each within a three-year period. The company targets to launch the perpetual preferred shares from Sept. 29 to Oct. 10 this year, 8990 Holdings investor relations officer Tracy Ilagan said on Friday. 8990 Holdings has mandated China Bank Capital to underwrite the offering. Subject to approval by the Philippine Stock Exchange, 8990 Holdings plans to list and trade the perpetual preferred shares on the local bourse. . . . .” The Company would like to clarify that based on the SEC pre-effective letter issued by the Securities and Exchange Commission (SEC), the SEC en banc, in a meeting held on September 22, 2017, favorably considered the registration statement of the Company for the shelf registration of up to 100,000,000 Preferred Shares with par value of Php1.00 per share to be offered in one or several tranches within a period of three (3) years, with a first tranche of up to 50,000,000 Preferred Shares. The news article refers to the first tranche of 50,000,000 Preferred Shares. It will be issued out of the 100,000,000 Preferred Share shelf registration of the Company. The first tranche is expected to raise as much as Php5 billion. Subject to compliance with regulatory requirements, including the listing approval by the Philippine Stock Exchange, the Preferred Shares are scheduled to be launched on September 29, 2017. Details of the offer period for the first tranche of the preferred shares will be made public as soon as this are finalized. The Company confirms that China Bank Capital shall underwrite the first tranche of the Preferred Shares.
Other Relevant Information
None