8990 allots P8B for capital spending this year–exec
Low-cost housing developer 8990 Holdings Inc. is allocating P8 billion for its capital expenditures this year. Roan Buenaventura-Torregoza, the company’s CFO, said 8990 will fund the capex through Pag-IBIG takeouts. “We’ve been always with Pag-IBIG. As of June of this year, we managed to migrate P6 billion of Pag-IBIG takeouts,…
Source: businessmirror.com.ph