Home2023May (Page 42)

THE BOARD of directors of Yuchengco-led House of Investments, Inc. has approved the sale of 14.346% of EEI Corp.’s common shares to Industry Holdings and Development Corp. (IHDC).“IHDC’s entry as a strategic partner is deemed beneficial to EEI’s growth plans and restructuring efforts,” the listed

EVENING_TAO-FREEPIKREPOWER ENERGY Development Corp. is planning to expand its installed energy capacity by 1 gigawatt (GW) in the next five years, with its portfolio mainly focused on hydropower projects.Eric Peter Y. Roxas, president of Repower Energy, said the company’s hydropower plants have been operating for

CIRTEK HOLDINGS Philippines Corp. posted an 11.3% decline in its attributable net income to $1.57 million in the first quarter from $1.77 million last year.The decline came about after it recorded a 13.4% decrease in its top line to $17.11 million in the first three