C00502-2018

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 29, 2018
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, HV Dela Costa, Salcedo Village, Makati City Postal Code 1200
8. Issuer's telephone number, including area code
(+632) 478-9659
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
Preferred Shares 50,000,000
Corporate Bonds (Series A, B, and C) 9,000,000,000
11. Indicate the item numbers reported herein
9. Other Matters

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 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

CTS Receivables Sale and Purchase Agreement

Background/Description of the Disclosure

The following subsidiaries of 8990 Holdings, Inc. (“8990 Subsidiaries”) have entered into a CTS Receivables Sale and Purchase Agreement dated 29 January 2018 with Dearborn Resources and Holdings, Inc. (“Dearborn”), pursuant to which, the 8990 Subsidiaries have sold, assigned, and transferred to Dearborn Php2.8 billion worth of contract to sell (CTS) Receivables, as follows:

8990 Davao Housing Development Corporation - Php215,498,743.91
8990 Housing Development Corporation - Php1,803,704,364.65
8990 Luzon Housing Development Corporation - Php559,959,570.16
8990 Mindanao Housing Development Corporation - Php5,450,115.09
Fog Horn, Inc. - Php248,783,697.73
TOTAL: Php2,833,396,491.54

The CTS Receivables arose from the sale of housing units in the following projects: (a) Deca Homes Indangan; (b) Urban Deca Homes Marilao; (c) Deca Homes Marseilles; (d) Deca Homes Baywalk Talisay 2; (e) Deca Homes Baywalk Talisay 3; (f) Deca Homes Mactan; (g) Deca Homes Minglanilla Homes; (h) Deca Homes Mandaue Prime; (i) DH Talisay; (j) Urban Deca Homes H. Cortes; (k) Urban Deca Homes Tisa; (l) Deca Homes Esperanza; (m) Deca Homes Resort Residences; (n) Deca Homes Gensan; (o) Deca Homes Pavia 2; (p) Urban Deca Homes Campville; (q) Bellavista Subdivision; (r) Deca Clark Resort Residences; (s) Deca Homes Catalunan Grande; (t) Urban Deca Homes Tipolo; (u) Urban Deca Tower EDSA; (v) Savannah Green Plains Subdivision; (w) Urban Deca Homes Manila; and (x) Deca Homes Pavia Resort Residences.

The sale of receivables is on a non-recourse basis and is based on the outstanding principal balance of such CTS Receivables.

Other Relevant Information

None.

Filed on behalf by:
Name Maureen Christine Lizarondo
Designation Account User