EEI Corporation

Last updated

EEI Corporation
Company type Public
PSE:  EEI
Industry Construction, Real estate
FoundedApril 17, 1931;94 years ago (1931-04-17)
Headquarters RCBC Plaza,
Makati, Metro Manila
Key people
Henry Antonio (President and CEO)
Lorenzo Tan (Chairman)
Website www.eei.com.ph

EEI Corporation is a construction and real estate company based in the Philippines.

Contents

History

A Caterpillar D6 of EEI Corporation FvfValenzuela0305 28.JPG
A Caterpillar D6 of EEI Corporation

The EEI Corporation was established on April 17, 1931, as a machinery and mills supply house called Engineering Equipment and Supply Co. (EESCO). EEI later divesified into steel fabrication, metal works, general machine work and other services. [1] [2]

In the 1970s, it established an overseas division which led to it partnering with firms in Southeast Asia, the Middle East and North Africa, and New Caledonia. [2]

EEI was first listed at the Manila Stock Exchange and Makati Stock Exchange (later merged as the Philippine Stock Exchange) on July 21, 1975. [3]

The Yuchengco Group's House of Investment (HI) in 2023 reduced its stakes in the EEI, selling 20 percent to RYM Business Management Corporation, a firm which is associated to Martin Romualdez. HI's stakes remains at 35.3 percent after the sale. [4] RYM's shares was bought by another company controlled by Henry Antonio, EEI's president and CEO, in March 2025. [5]

In August 2025, EEI announced plans to enter the real estate industry. They intend to develop townships and condominiums in Luzon. [6]

Major projects

See also

References

  1. ↑ "Company Information - EEI Corporation". PSE Edge. Retrieved October 7, 2025.
  2. 1 2 Sawadjaan, Aliyya (November 2, 2021). "EEI, 90 years of building a better future for the next generation". The Philippine Star. Retrieved October 7, 2025.
  3. ↑ "'Doing something right': EEI celebrates 50 years as publicly listed firm". Insider PH. Retrieved October 7, 2025.
  4. ↑ Rivas, Ralf (April 26, 2023). "Yuchengco Group sells 20% of EEI to Romualdez holding firm". Rappler. Retrieved October 7, 2025.
  5. ↑ Adonis, Meg J. (March 20, 2025). "Romualdezes leave EEI in buyout deal with top exec". Philippine Daily Inquirer. Retrieved October 7, 2025.
  6. ↑ Adonis, Meg J. (August 23, 2025). "EEI tries its hand at property development". Philippine Daily Inquirer. Retrieved October 7, 2025.
  7. 1 2 Castro, Ruelle (August 15, 2023). "EEI bags deals for big-ticket rail projects". Malaya Business Insight. Retrieved October 7, 2025.
  8. ↑ Mercurio, Richmond (July 8, 2025). "EEI bags P15 billion PIEC contract". The Philippine Star. Retrieved October 7, 2025.
  9. ↑ Work on Edsa MRT to start next month. Manila Standard. August 3, 1996.
  10. 1 2 Gonzales, Iris (April 19, 2022). "EEI to join more big ticket infrastructure projects". The Philippine Star. Retrieved October 7, 2025.
  11. ↑ "Malolos Clark Railway Project CP N04 - WJ Philippines". October 4, 2021. Retrieved October 7, 2025.
  12. ↑ Adonis, Meg J. (September 9, 2025). "EEI bags Calax section, Arcovia hotel deals". INQUIRER.net. Retrieved October 7, 2025.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.