8990 Holdings, Inc. Announces Management Appointments
July 26, 2016 at 04:52 am EDT
Share
8990 Holdings, Inc. announced that organizational meeting of the Board of Directors the Board appointed the officers and committee members of the Company. The appointed Januario Jesus Gregorio III B. Atencio as President and CEO; Mariano D. Martinez, Jr. as Chairman of the Board; Richard L. Haosen as Treasurer and Head of Treasury; Roan Buenaventura-Torregoza as Acting Chief Finance Officer; Cristina S. Palma Gil-Fernandez as Corporate Secretary; Maureen O. Lizarondo-Medina as Assistant Corporate Secretary; Teresa S. Secuya as Compliance Officer; Mohammad Taha S. Basman II Investor Relations Officer for the year 2016. The company appointed Mariano D. Martinez, Jr., Januario Jesus Gregorio III B. Atencio, Richard L. Haosen and Luis N. Yu, Jr. Members of Executive Committee; Arlene C. Keh as Chairman of Audit and Risk Management Committee and Mariano D. Martinez, Jr.,Luis N. Yu, Jr., Ben Chan Wei Beng, Dominic J. Picone as Members of Audit and Risk Management Committee; Manuel C. Crisostomo as Chairman of Nominations and Compensation Committee and Dominic J. Picone, Januario Jesus Gregorio III B. Atencio as Members Nominations and Compensation Committee; Manuel C. Crisostomo as Chairman of Corporate Governance Committee and Ben Chan Wei Beng and Januarius Jesus Gregorio III B. Atencio as Members Corporate Governance Committee.
8990 Holdings, Inc. is a Philippines-based holding company and a mass housing developer. The Company's business segment includes the construction of low-cost mass housing; construction of medium-rise condominium units; construction of high-rise condominium units, and hotel operations. Under the brand name DECA Homes, its residential subdivisions are located in Cebu, Iloilo, Davao, Pampanga and Cavite. It constructs over three types of housing unit, including single-story detached, single-story attached and townhouse. The floor areas range from 35 square meters (sq. m.) to 120 sq. m. Its facilities include concrete roads and an underground drainage system. It also develops low-cost residential complexes of medium-rise buildings (MRBs) under the Urban DECA Homes brand. The floor area for an MRB unit ranges from 25 sq. m. to 36 sq. m. The Company has also ventured into high-rise condominium projects under the brand name, DECA Towers in the urban areas of Metro Manila.