BRIEF-8990 Holdings Confirms Co Estimates 2020 Net Income To Be 40% Of Targeted Revenue Of 20 Bln Pesos

Feb 4 (Reuters) - 8990 Holdings Inc:

* CONFIRMS THAT CO ESTIMATES NET INCOME IN 2020 TO BE ABOUT 40% OF TARGETED REVENUE OF 20 BILLION PESOS

* EXPECT TO RAISE 16 BILLION ADDITIONAL FUNDS MAINLY FROM REVENUES FROM URBAN DECA HOMES ORTIGAS IN THE NEXT 2 YEARS OF ITS OPERATIONS Source text for Eikon: Further company coverage: