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A subsidiary of low-cost residential developer 8990 Holdings Inc. has inked an agreement with CTBC Bank (Philippines) Corp. to sell P1 billion worth of housing receivables.

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                    [Title] => IP Converge posts 76% profit hike
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IP Converge Data Center, part of the 8990 Group of Companies, the first publicly listed property development company focusing primarily on low-cost mass housing, reported unprecedented financial growth for the first half of 2013 boosted by outstanding sales representing a take-out of some 3,800 housing units thus far.

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                    [Title] => 8990 Group sets tender offer for IP Converge shares
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Property developer 8990 Group of Companies is set to launch the tender offer for the remaining 20-percent stake of information technology (IT) firm IP Converge Data Center Inc. held by minority shareholders.
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                    [Title] => IP E-Games buys 25% stake in Cosamera
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Listed IP E-Games Ventures, Inc., the online gaming subsidiary of IP Ventures, Inc., has acquired a 25% stake in Cosamera Resorts Corporation, a disclosure released Friday noted.
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                    [Title] => IP E-Game diversifies into hotel, leisure biz
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IP E-Game Ventures Inc., the country’s leading online games publisher, is diversifying into the entertainment, hotel and leisure businesses, fuelling speculations it may enter the lucrative local casino industry.
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                    [Title] => IPVG incurs P304-M loss in 9 mos
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Investment holding company IPVG Corp. incurred a net loss of P304 million in the nine months ending September this year mainly due to the sale of shares in non-listed companies to affiliate IP Ventures as part of its restructuring plan.
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                    [Title] => SoftBank's Bodhi Fund subscribes to IPVG
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Bodhi Investments LLC, a fund managed by SB China & India Holdings (SBCI), is investing in IP Ventures Inc., a new spin-off company of listed technology conglomerate IPVG Corp.
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                    [Title] => IPVG profit surges to P296.72M in first half
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Information technology conglomerate IPVG Corp. said its profit skyrocketed to P296.72 million in the first half as against a meager P10.18 million in the same period in 2010, aided by strong growth in its major business units as well gains from a recent divestment.
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                    [Title] => PSE net earnings jump 101% to P417.5 M
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The Philippine Stock Exchange (PSE) said yesterday its consolidated net earnings surged 101 percent to P417.5 million last year, buoyed by increased number of listings resulting from a resurgent stock market.
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CONVERGE DATA CENTER

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IP Converge Data Center, part of the 8990 Group of Companies, the first publicly listed property development company focusing primarily on low-cost mass housing, reported unprecedented financial growth for the first half of 2013 boosted by outstanding sales representing a take-out of some 3,800 housing units thus far.

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                    [Title] => 8990 Group sets tender offer for IP Converge shares
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                    [Title] => IP E-Games buys 25% stake in Cosamera
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IP E-Game Ventures Inc., the country’s leading online games publisher, is diversifying into the entertainment, hotel and leisure businesses, fuelling speculations it may enter the lucrative local casino industry.
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                    [Title] => PSE net earnings jump 101% to P417.5 M
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abtest

8990 unit to sell P1-B housing receivables

By Zinnia B. Dela Peña | June 22, 2014 - 12:00am

A subsidiary of low-cost residential developer 8990 Holdings Inc. has inked an agreement with CTBC Bank (Philippines) Corp. to sell P1 billion worth of housing receivables.

Business

IP Converge posts 76% profit hike

September 23, 2013 - 12:00am

IP Converge Data Center, part of the 8990 Group of Companies, the first publicly listed property development company focusing primarily on low-cost mass housing, reported unprecedented financial growth for the first...

Business

8990 Group sets tender offer for IP Converge shares

By Louella Desiderio | June 21, 2012 - 12:00am

Property developer 8990 Group of Companies is set to launch the tender offer for the remaining 20-percent stake of information technology (IT) firm IP Converge Data Center Inc. held by minority shareholder...

Business

IP E-Games buys 25% stake in Cosamera

By Jovan Cerda | March 2, 2012 - 3:41pm

Listed IP E-Games Ventures, Inc., the online gaming subsidiary of IP Ventures, Inc., has acquired a 25% stake in Cosamera Resorts Corporation, a disclosure released Friday noted.

IP E-Game diversifies into hotel, leisure biz

By Zinnia B. Dela Peña | February 3, 2012 - 12:00am

IP E-Game Ventures Inc., the country’s leading online games publisher, is diversifying into the entertainment, hotel and leisure businesses, fuelling speculations it may enter the lucrative local casino i...

Business

IPVG incurs P304-M loss in 9 mos

By Zinnia B. Dela Peña | November 16, 2011 - 12:00am

Investment holding company IPVG Corp. incurred a net loss of P304 million in the nine months ending September this year mainly due to the sale of shares in non-listed companies to affiliate IP Ventures as part of...

Business

SoftBank's Bodhi Fund subscribes to IPVG

By Zinnia B. Dela Peña | October 24, 2011 - 12:00am

Bodhi Investments LLC, a fund managed by SB China & India Holdings (SBCI), is investing in IP Ventures Inc., a new spin-off company of listed technology conglomerate IPVG Corp.

Business

IPVG profit surges to P296.72M in first half

By Zinnia B. Dela Peña | August 17, 2011 - 12:00am

Information technology conglomerate IPVG Corp. said its profit skyrocketed to P296.72 million in the first half as against a meager P10.18 million in the same period in 2010, aided by strong growth in its major business...

Business

IP-Converge nixes NTC's proposed peering policy

August 5, 2011 - 12:00am

IP-Converge Data Center, the country’s first and only publicly listed Internet data center and cloud services provider, has warned that requiring all Internet service providers (ISPs) to connect to a single...

Business

PSE net earnings jump 101% to P417.5 M

By Zinnia B. Dela Peña | March 12, 2011 - 12:00am

The Philippine Stock Exchange (PSE) said yesterday its consolidated net earnings surged 101 percent to P417.5 million last year, buoyed by increased number of listings resulting from a resurgent stock market.

Business