EEI Corp. has greenlit two major consolidation moves aimed at sharpening its strategic focus and boosting long-term value, as the listed construction group restructures ownership across key subsidiaries.
In the first transaction, the board approved the acquisition of liabilities of First Orient International Ventures Corp. (FOIVC), a wholly owned unit, amounting to P11.42 billion in exchange for unissued FOIVC shares. The deal requires creditor consent and Securities and Exchange Commission approval before the shares can be issued.
The second move brings two subsidiaries—EEI Limited and EEI Realty Corp. (ERC)—under EEI Ventures Inc. (EVI), the conglomerate’s investment and holding arm for real estate and emerging businesses. The restructuring will be executed through a share swap that gives EVI full ownership of EEI Limited and ERC in exchange for issuing 300 million EVI shares to the parent company.
EEI said the consolidation is designed to clearly separate its core construction business from new growth platforms, giving each segment a dedicated structure and strategy. Housing real estate and other non-construction assets under EVI allows the group to streamline capital allocation while giving these ventures room to scale based on market opportunities.
The company added that the reorganization positions EVI for more flexible capital raising, noting that investors increasingly prefer “pure-play” units. The structure opens the door to strategic partnerships, joint ventures, or potential future listings without disrupting EEI’s main construction operations.
By tightening its portfolio and reorganizing ownership, EEI aims to improve governance, sharpen execution, and create a stronger platform for long-term expansion across both traditional and emerging businesses.
