DAVAO CITY: Listed mass housing developer 8990 Holdings Inc. is investing PhP4.3 billion to develop a 100-hectare property into its fifth residential project here, in its bid to help the country address the housing backlog in the next few years.
8990 Holdings president and chief executive officer Januario Jesus Atencio announced the new housing project located in Puan, south of the city, after the company’s investors’ roadshow to drum up support for its PhP9-billion bond issue.
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