MASS housing developer 8990 Holdings Inc. is looking to spend P12.5 billion in capital and operating expenditures in 2017, a company official said.

In an interview last week, 8990 chief executive officer Januario Jesus Atencio told reporters that the company is looking at a capital expenditure (capex) of P5 billion and operating expenditure (opex) of P7.5 billion next year.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details