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EEI Corporation

Company Description
EEI Corporation (EEI) was incorporated on April 17, 1931 as machinery and mills supply house for the mining industry. The Company eventually expanded into construction services, supply of manpower in the Philippines and overseas, and distribution of a broader range of industrial machinery and systems. EEI is a member of the Yuchengco Group of Companies, a conglomerate with interests in banking, education, financial services, property development and renewable energy.

The Company is primarily involved in the installation, construction and erection of power generating facilities; oil refineries; chemical production plants; cement plants; food and beverage manufacturing facilities; semiconductor assembly plants; roads, bridges, rails, ports, airports and other infrastructures; and high rise residential and office towers, and hotel buildings. The Company also operates one of the country's modern steel fabrication plants. The Company is also engaged in doing construction projects overseas.

EEI's subsidiaries include EEI Ltd. & subsidiaries; EEI Construction and Marine, Inc.; EEI Power Corporation; EEI Realty Corporation; Equipment Engineers, Inc. (EE); Gulf Asia International Corporation and subsidiaries; EEI Corporation (Guam), Inc.; EEI Subic Corporation; Bagumbayan Equipment & Industrial Plant, Inc.; Philrock Construction and Services, Inc.; and Philmark, Inc.

The Company is also co-owner of several joint venture firms including JP System Asia, Incorporated, for engaging in sales and rental of scaffolding and formwork products; Al Rushaid Construction Company Ltd., for projects in Saudi Arabia; Petro Solar Corporation, for the operation of the 50MW Tarlac Solar Power Project; Petro Wind Energy, Inc., for the general business of generating and distributing power derived from renewable energy sources; and ShinBayanihan Heavy Equipment Corporation, for the rental of new and second-hand heavy construction equipment.

In July 2019, EEI inked a partnership deal with South Korean shipbuilding company, Hanjin Heavy Industries & Construction Co. Ltd., for its upcoming construction projects.

Source: SEC Form 17-A (2019)
Security Information
Sector Industrial
Subsector Construction, Infra. & Allied Services
Corporate Life 50
Incorporation Date Apr 17, 1931
Number of Directors 9
Stockholders' Meeting as per By-Laws May - second Tuesday except holidays
Fiscal Year 12/31 (Month/Day)
External Auditor SyCip, Gorres, Velayo & Company
Transfer Agent Rizal Commercial Banking Corporation - Stock Transfer Dept.
Contact Information
Business Address No. 12 Manggahan Street, Bagumbayan, Quezon City
E-mail Address grthipolito@eei.com.ph
Telephone Number (632) 8334-2677
Fax Number (632) 8635-0861
Website http://www.eei.com.ph