LISTED EEI Corp. on Wednesday announced a change in ownership following a management buyout by company President and CEO Henry Antonio, which could potentially be worth around P870.5 million based on EEI's closing share price on Wednesday.
The company told the Securities and Exchange Commission, and the Philippine Stock Exchange that Antonio would be buying the 20-percent stake held in EEI by House Speaker Martin Romualdez's RYM Business Management.
