Tuesday, February 6, 2018

8990 Holdings, Inc (HOUSE)

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For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
8990 Holdings, Inc (HOUSE)
Sector
Property
Incorporation Date
7/8/2005
Subsector
Property
Number of employees
Board of Directors
Chairman: Mariano D. Martinez, Jr.
Website / E-mail
http://www.8990holdings.com / house@8990holdings.com
2. Stock Information
Total Assets
51,125,386,292
Market Capitalization
31,342,187,289.60
Total Liabilities
30,777,537,880
Outstanding Shares
5,517,990,720
Retained Earnings
10,434,342,842
Listed Shares
5,517,990,720
Listing Date
Dec 09, 2010
Issued Shares
5,517,990,720
Board Lot
100
Free Float Level (%)
25.15%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
IHOLDINGS, INC
PCD NOMINEE CORPORATION (NON-FILIPINO)
KWANTLEN DEVELOPMENT CORPORATION
JANUARIUS RESOURCES REALTY CORPORATION
YU, JR.,LUIS N.
PCD NOMINEE CORPORATION (FILIPINO)
39.48%
23.31%
16.78%
08.59%
04.67%
03.23%
4. Company Descriptions and Business Development
Notes
1. In 2017, it offered 5 billion pesos non-voting, perpetual preferred shares with dividend rate 6.0263%
Overview
As a holding company, it is engaged in real estate business. Many of its low-cost mass housing projects are registered with BOI (Board of Investment) for ITH (Income Tax Holiday) purpose. As of 2016, it completed 50 mass housing projects and is currently developing 11 more. The total number of units is around 41,000 units. It is also developing a mall (Deca Mall) in Manila and has a vacation hotel in Baguio.


Business
Revenue contribution in 2016
Low-cost mass housing
Medium-rise condominium
High-rise condominium
Rental
Others
6,435,097,308
1,556,743,134
1,117,488,610
12,175,545
149,767,797
69.41%
16.79%
12.05%
0.13%
1.62%

Subsidiaries / Associates / Affiliates / Joint Ventures
8990 Housing Development Corporation (8990 HDC)
8990 Leisure and Resorts Corporation (8990 LRC)

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MARKET ISSUES

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