C04064-2018

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)
Jun 13, 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
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
Series A Preferred Shares 50,000,000.00
Corporate Bonds Series A, B, and C 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 to generate Php4 billion sales in 2018 from its Tondo Project

Background/Description of the Disclosure

8990 Holdings Inc continues to see strong demand from its largest development in Metro Manila.

Located in the City of Manila(Tondo), Urban Deca Homes Manila (UDH Manila) is projected to contribute approximately Php4.4 billion in revenues (or 40% of 8990’s overall revenue target of Php11.5 billion) for 2018. In the first quarter alone, UDH Manila brought in close to Php1 billion in revenues.

Sales reservation to-date is at 1,842 units. 8990 expects to deliver a total of 3,200 units from UDH Manila by the end of the year.

The 13-building project is within an 8.4-hectare property in Tondo, Manila. The company is prepared to spend a total of 8 billion until 2020 on its largest project to-date. Upon completion, UDH Manila will deliver a total of 13,000 units with an estimated value of Php21 billion.

“Once our buyers saw that buildings are already nearing completion, we noticed a significant jump in our sales”, according to 8990 President & CEO Willie J. Uy. “We are certain we will see this trend continue as we roll out more units to meet the strong demand for housing in the Tondo area”.

Another eight buildings are on the rise. On top of the four buildings that will be completed this year, another four buildings are set to be finished by the first half of 2019.

Other Relevant Information

N/A

Filed on behalf by:
Name Tracy Ilagan
Designation Investor Relations Officer