KUOK PROPERTIES

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                    [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] => 
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EEI sells 2 lots for P1B

By Zinnia B. Dela Peña | January 17, 2007 - 12:00am

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...

Business