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)

Nov 17, 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

11F Liberty Center, 104 HV Dela Costa, Salcedo Village, Makati City, Philippines Postal Code 1200

8. Issuer's telephone number, including area code

(632)4789659/5333915/5333917

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	5,517,990,720.00
Fixed Rate Bonds	9,000,000,000.00

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 Lists First Preferred Shares Offering
Background/Description of the Disclosure
8990 Holdings Inc. is set to list its Series A Preferred Shares offering on the Philippine Stock Exchange on December 1. The Company recently announced a quarterly dividend rate of 6.0263% per annum. Offer period will begin on November 17 and end on November 23. The preferred share issuance is cumulative, non-voting, non-participating, non-convertible, redeemable Peso-denominated with an issue size of 50 million shares at Php100 per share. 8990 has the option to redeem the preferred shares in whole on the fifth anniversary of its listing date. Otherwise, a step-up rate will replace the current dividend rate on the fifth anniversary of its listing date, unless the preferred shares are redeemed by the Company. The Php5 billion offering is the first tranche of its 100 million preferred shares shelf registration with the Securities and Exchange Commission. The shelf registration is valid for three years. The PSE approved the Company’s application for the listing of the Offer Shares on the Main Board of the PSE on November 8, 2017. The PSE approval does not cover the entire 100,000,000 Preferred Shares that are under shelf registration, but covers only the first tranche Offer of up to 50,000,000 Offer Shares. According to Chief Operating Officer, Willie J. Uy, “So far, we are extremely happy with the market’s response. Our goal for 2017 is to strengthen our balance sheet. The Php5 billion preferred shares issuance is part of our strategy to achieve this, allowing us to focus more on expanding our portfolio of mass housing projects across the country “. China Bank Capital is the sole issue manager, lead underwriter and book runner for 8990’s initial tranche of preferred shares. 8990 is the leading mass housing developer based on HLURB’s total number of units produced from 2011-2013. The Company has completed a total of 52 projects to-date and is set to launch 8 developments in 2017.
Other Relevant Information
N/A