Yuchengco’s House of Investments gains P390M from Japanese trading firm Sojitz’s initial 15% stake in its Makati project

Source: www.bilyonaryo.com House of Investments (HI) chaired by bilyonaryo Helen Yuchengco-Dee booked a chunk of cash from the initial investment of sogo sosha Sojjitz into its Makati project. Sojitz, which was formed from the merger of Nissho Iwai and Nichimen Holdings in 2004, bought a 15 percent stake in HI’s wholly-owned subsidiary, San Lorenzo Ruiz…

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PetroGreen’s offshore wind projects lead new ventures endorsed for SIS

Source: https://powerphilippines.com Yuchengco-led PetroGreen Energy Corporation’s offshore wind projects lead the list of ten power ventures that the Department of Energy (DOE) endorsed to the National Grid Corporation of the Philippines (NGCP) for system impact study (SIS) last December. PetroGreen’s largest project in the list is the 2,000-megawatt (MW) Northern Luzon Offshore Wind Power Project…

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EEI Corporation raises P6B from preferred sale

Source: https://propertyreport.ph EEI Corporation (EEI) listed its Series A and Series B preferred shares at the Philippine Stock Exchange (PSE) on Thursday, December 23. The preferred shares are traded under the stock symbols EEIPA and EEIPB. EEI raised Php6 billion from the share issuance which will be used to finance the company’s future projects, pay…

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EEI, 90 years of building a better future for the next generation

Source: philstar.com MANILA, Philippines — In a world where companies come and go, only a few stood the test of time. One such company is the EEI Corporation (EEI), which marks this year its 90th anniversary. Founded in 1931 as a machinery and mills supply house called Engineering Equipment and Supply Co. (EESCO), EEI soon…

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eCarga: A new digital logistics platform for shippers and truckers

Source: bworldonline.com Truck delivery services will be more accessible in a few taps with EEI Carga Digital Logistics Corporation, more known as eCarga, a Filipino-made digital logistics platform backed by EEI Corporation. eCarga uses several online platforms to provide logistics solutions and make the delivery process convenient and efficient for shippers, truck owners, and drivers.…

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Yuchengcos partner with Japan’s Sojitz to develop Makati property

Source: bilyonaryo.com Bilyonaryo Helen Yuchengco Dee has formed a new partnership with a Japanese trading firm to develop an idle property of her family’s House Investments in Makati. Bilyonaryo Helen Yuchengco Dee has formed a new partnership with a Japanese trading firm to develop an idle property of her family’s House Investments in Makati. The…

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Helen Yuchengco Dee drives House of Investments income higher in Q1

Source: bilyonaryo.com Yuchengco-led House of Investments Inc. reported a 23 percent jump in net income to P467.45 million in the first quarter as it managed to bring down costs. The improved performance of associates likewise boosted the group’s profit. Equity in net earnings of associates grew by 14 percent to P311.38 million. Consolidated revenues, however,…

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Mapúa’s civil, environmental, and geological engineering dean among Asia’s outstanding scientists

Source: https://archive.malaya.com.ph/news_special_feature/mapuas-civil-environmental-and-geological-engineering-dean-among-asias-outstanding-scientists/#:~:text=Dr.%20Francis%20Aldrine%20A.%20Uy,%20Map%C3%BAa A Mapua University dean has been recognized as among the most outstanding scientists in Asia. Dr. Francis Aldrine A. Uy, Mapúa dean of the School of Civil, Environmental, and Geological Engineering (CEGE) was one of eight Filipinos included in the Asian Scientist 100 recently released by Singapore-based Asian Scientist Magazine. “I feel blessed and…

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YGC’s HI Cars boosts business with after-sales service, new dealership

Source: https://archive.malaya.com.ph/news_special_feature/ygcs-hi-cars-boosts-business-with-after-sales-service-new-dealership/#:~:text=After%20a%20successful%20consolidation%20of%20dealerships After a successful consolidation of dealerships in 2020, House of Investments (HI), a member of the Yuchengco Group of Companies (YGC), is looking at further boosting its Car business by expanding service offers and adding Geely Manila into its dealership portfolio. Geely is a leading car manufacturing brand of the Geely Holding Group…

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SGAP, YGC House of Investments gearing up for the opening of Geely Manila

Source: https://www.c-magazine.com/ The Yuchengco Group of Companies is no stranger to the automotive dealership business, having a host of car brands under its belt. Now, it partners with Sojitz G Auto Philippines and breaks ground for the soon-to-rise Geely Manila. In a simple groundbreaking ceremony held recently, YGC’s House of Investments and SGAP/Geely executives expressed…

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YGC bares future–ready plans

Source: https://www.philstar.com/ MANILA, Philippines — The Yuchengco Group of Companies, the conglomerate founded by the late tycoon Alfonso Yuchengco and which is now headed by his daughter Helen Dee, is embracing the new normal with a wide array of measures to enable the group to be future-ready. At present, YGC’s business spans a wide array…

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House of Investments acquires property firm

Source: https://www.bworldonline.com/ House of Investments, Inc. (HI) has acquired San Lorenzo Ruiz Investment Holdings and Services, Inc. (SLRIHSI) for P1.95 billion. In a disclosure to the stock exchange, the listed holding company of the Yuchengco Group said it has acquired 11 million shares or 100% of the outstanding common stock of SLRIHSI. The property company…

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Pinoy Student Wins International Engineering, Design Prize.

Source: https://www.philstar.com/ MANILA, Philippines — A novel material made from rotting fruit and vegetables that absorbs stray ultraviolet light from the sun and converts it into renewable energy has landed its designer the first sustainability gong in this year’s James Dyson awards. From a record 1,800 entries – despite the challenges of COVID-19 – the…

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