MANILA -- The Kathryn Bernardo-Alden Richard team-up wasn't the only big movie news to come out this Tuesday.

There's also the announcement that Jolina Magdangal and Marvin Agustin are doing a reunion film -- hitting those who loved the '90s pairing with a huge wave of nostalgia.

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A post shared by Dan Villegas (@danvillegas) on Mar 12, 2019 at 1:19am PDT

It has been three years since serious talk about this much-anticipated project surfaced, and it appears the stars have finally aligned.

Details are thin on the ground, but fans now know that it is being produced by the same minds behind "That Thing Called Tadhana."

On Instagram, directors Dan Villegas and Antoinette Jadaone shared a photo of them posing with Magdangal and Agustin, referencing in the caption the love team's romantic classic, "Labs Kita… Okey Ka Lang?"

"It's Bujoy and Ned!" Villegas gushed.

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In an interview back in November of last year, Magdangal admitted that if she were to push through with the reunion movie, she would prefer if it was a sequel to "Labs Kita… Okey Ka Lang?"

"Gusto namin something na kontektado sa 'Labs Kita, Okey Ka Lang?' Kasi 20 years na 'yung pelikulang 'yun eh. So anong nangyari kay Ned at Bujoy talaga, 'di ba?" she said.

It remains unclear whether the movie being produced by Villegas and Jadaone is a sequel to the hit '90s movie or not.