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Business > Corporate News
House of Investments brings in partner for EEI
By Ed Paolo Salting
May 23, 2023 12:19 am

YUCHENGCO-LED investment bank House of Investments Inc. on Monday said that it would be bringing in Industry Holdings and Development Corp. (IHDC) as a strategic partner in EEI Corp.

The bank's board last week approved the sale of 148,664,942 common shares, representing 14.346 percent of the outstanding common shares of EEI, to IHDC for P1,075,555,630.

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