+ Follow FAIRWAYS TOWER AND KUOK PROPERTIES Tag
FAIRWAYS TOWER AND KUOK PROPERTIES
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[ArticleID] => 387711
[Title] => EEI eyes P990M from rights offer
[Summary] =>
Construction giant EEI Corp. is eyeing to raise P990 million from the stock rights offering of its shares at P4.50 each, the company informed the Philippine Stock Exchange.
EEI stocks closed at P4.70 Friday from the previous day’s close of P4.75.
The company will offer up to 220 million shares to raise funds for its working capital requirements and pay off some bank obligations.
[DatePublished] => 2007-03-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 380334
[Title] => EEI sells 2 lots for P1B
[Summary] =>
EEI Corp., a construction firm controlled by the Yuchengco family, stands to gain P1 billion from the sale of its real estate properties.
In a disclosure to the Philippine Stock Exchange, EEI said it signed a deed of conveyance to effect a transfer of its properties in Manggahan St. in Bagumbayan, Quezon City and in Bauan, Batangas for a total consideration of P1 billion.
EEI said the money will be used to fund loan payments, working capital requirements and the re-fleeting of construction equipment.
[DatePublished] => 2007-01-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[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] =>
)
[3] => Array
(
[ArticleID] => 369225
[Title] => EEI-led group bags Masbate power supply deal
[Summary] => The International Finance Corp. (IFC), the private sector investment arm of the World Bank, has declared Masbate Progress Power Consortium (MPPC), a group led by EEI Corp., as winning bidder for the supply of cheaper power in Masbate.
[DatePublished] => 2006-11-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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