8990 Holdings, Inc. announced a special meeting of the board of directors held on December 10, 2021, Mr. Han Jun Siew tendered his resignation as director of the company, effective immediately. After further discussion, Mr. Haiqal Ali was nominated for election as director to fill in the vacancy in the Board, effective immediately. Haiqal Ali is currently a Vice President in the Investments division of Khazanah Nasional Berhad where he works on private equity investments in Southeast Asia as well as consumer and healthcare sectors globally.
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. 
