News

EEI Corporation raises P6B from preferred sale

By webadmin / January 18, 2022 /

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

By webadmin / November 19, 2021 /

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

By webadmin / October 6, 2021 /

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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Helen Yuchengco Dee on a high as House of Investments posts outstanding turnaround

By webadmin / August 10, 2021 /

Source: bilyonaryo.com Yuchengco-led House of Investments is back in the black with a P610.8 million profit in the first half from a loss of P296.4 million, buoyed by the strong performance of its construction and education businesses. Yuchengco-led House of Investments is back in the black with a P610.8 million profit in the first half…

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Yuchengcos partner with Japan’s Sojitz to develop Makati property

By webadmin / June 29, 2021 /

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

By webadmin / May 24, 2021 /

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

By webadmin / May 24, 2021 /

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

By webadmin / May 15, 2021 /

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

By webadmin / March 15, 2021 /

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

By webadmin / December 18, 2020 /

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

By webadmin / December 7, 2020 /

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.

By webadmin / November 24, 2020 /

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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PetroWind Energy Named One of Top Community Care Companies in 2020

By webadmin / October 12, 2020 /

Source: https://www.businessnewsasia.com/ The Yuchengco Group of Companies’ (YGC) PetroWind Energy Inc. (PWEI) was recognized as one of Top Community Care Companies in the 2020 Asia Corporate Excellence and Sustainability Awards (ACES) based in Kuala Lumpur. ACES Awards honor individuals and firms in Asia for corporate leadership and corporate social responsibility under several categories – sustainability,…

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Yuchengco group upbeat about recovery

By webadmin / August 28, 2020 /

Source: https://www.manilatimes.net/ The Yuchengco Group of Companies (YGC) has said it is poised to recover from the impact of the coronavirus pandemic on the back of its “resourcefulness and creativity.” In a statement on Monday, the conglomerate said its capacity to recover would depend on its banking, education, life and nonlife insurance, renewable energy, pharmaceuticals,…

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HI Leverages Synergy to Cushion Pandemic Effects

By webadmin / July 23, 2020 /

Source: https://www.motortech.ph/ House of Investments (HI) is leveraging its synergy with co-members of the Yuchengco Group of Companies (YGC) to boost efficiency for its auto business amid the pandemic. The company is also setting aside approximately P10M to cover package solutions for marketing and after-sales services of its seven Honda, Isuzu and Geely dealerships in Metro Manila. In a press statement, Johnny Fetalvero,…

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