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EEI acquires First Orient for P2.8 billion - BusinessWorld Online
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EEI acquires First Orient for P2.8 billion - BusinessWorld Online
LISTED construction firm EEI Corp. has fully acquired First Orient International Ventures Corp. for P2.8 billion, bolstering its real estate investment holdings. In a stock exchange disclosure, EEI said it executed a share purchase agreement with KC Land Oriental Pacific Inc. to acquire 100% or 46,805 common shares in First Orient. First Orient owns 49 hectares of land in Cavite, including Island Cove, a Philippine offshore gaming operator (POGO…
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