8990 Holdings, Inc. Approves the Corporation's Authority to Declare Cash Dividends, Payable on December 10, 2021
November 03, 2021 at 09:26 pm EDT
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8990 Holdings, Inc. approved the Corporation's authority to declare cash dividends of PHP 0.20 per 1 outstanding common share held by the stockholders at the board meeting held on November 3, 2021. The record date of the entitlement to said cash dividends shall be the end of business day on November 17, 2021 and payment date shall be on December 10, 2021.
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.
8990 HOLDINGS, INC. 
