Far Eastern University (FEU) said that its board of trustees has approved setting aside P733.7 million from retained earnings to fund capital expenditures and expansion initiatives.
Of this, P323 million will support the expansion of one of FEU’s subsidiaries, while P308 million is earmarked for general capital projects, the university said. The remaining P93 million is reserved for contingencies and treasury shares.
Under current regulations, excess retained earnings must be distributed as dividends unless designated for specific projects, highlighting FEU’s proactive investment in growth.
Founded in 1928, FEU is one of the country’s largest private universities by enrollment. Its academic network includes specialized institutes in Accounts, Business, and Finance; Architecture and Fine Arts; Arts and Sciences; Education; Law; Nursing; and Tourism and Hotel Management. Sixteen of its programs, such as BS Accountancy and BS Nursing, are accredited by the ASEAN University Network.
FEU operates its main campus in Manila and holds majority stakes in several institutions, including FEU Alabang, FEU High School, Far Eastern College Silang, and Roosevelt College. It also invests in Edustria Senior High School in Batangas, JPMC College of Health Sciences in Brunei, Good Samaritan Colleges in Nueva Ecija, and Higher Academia in Pampanga.
Additionally, FEU is a major shareholder in Fern Realty Corp., which manages commercial, residential, and educational properties.
