EASTERN PETROCHEMICAL

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                    [ArticleID] => 380235
                    [Title] => EEI Corp sets stock rights offer
                    [Summary] => 



Construction firm EEI Corp. is eyeing to raise around P500 million from a stock rights offering  possibly in March this year to raise funds for working capital requirements and retire a portion of its bank debts.


A company official said the rights offering involves up to 220 million shares to be sold at a price yet to be set by EEI. Shares of EEI closed at P3.80 each yesterday.


                    [DatePublished] => 2007-01-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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EEI Corp sets stock rights offer

By Zinnia B. Dela Peña | January 16, 2007 - 12:00am

Construction firm EEI Corp. is eyeing to raise around P500 million from a stock rights offering possibly in March this year to raise funds for working capital requirements and retire a portion of its bank...

Business