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EEI Infusing Fresh Capital into Foreign Unit
The Philippine Star
|March 22, 2025
Construction giant EEI Corp. is injecting fresh capital to its foreign business unit to support the development of its international projects.
In a stock exchange filing, EEI said the executive committee of its board of directors approved the additional investment of 49 million Saudi riyal to its wholly owned subsidiary EEI Ltd.
The investment will be used to fund current and future international projects.
EEI Ltd., a holding company incorporated in British Virgin Islands, engages in labor supply and project management and supervision services.
The company holds interest in joint-venture companies outside the Philippines.
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