EEI Corp. marked a corporate milestone on Monday, celebrating its 50th year of being listed on the Philippine Stock Exchange (PSE), where it was recognized for being one of the country’s most prominent construction firms to participate in the equity market.
During a bell-ringing ceremony, EEI President and CEO Henry Antonio said the company’s five decades on the bourse reflected its commitment to governance and financial discipline.
“This half a century of our presence in the stock exchange shows our unwavering commitment and our belief in transparent and good governance, a disciplined approach in financial management and our enduring faith in our financial system in expanding and improving access to capital that supports business enterprises and investments from a broad range of public and institutional investors,” he said.
PSE Director Edgardo Lacson, meanwhile, said “the company’s endurance and success can be attributed to its strong commitment to its people, a robust corporate governance, strategic partnership, and a resolute focus on infrastructure projects that drive the nation’s growth and development.”
“History has shown EEI successfully entering and conquering new industries in the past, and I am firmly confident that it will not only repeat its success; it will reaffirm its enduring strength,” he added.
Founded in 1931, EEI is considered a cornerstone of the Philippine engineering and construction sector with a portfolio that spans critical infrastructure and diversified ventures in energy, real estate, and manpower services.
Among its flagship projects are the Metro Manila Subway, Malolos-Clark Railway and the Cavitex-Callax Link.
Earlier this month, EEI secured a P15.75-billion contract from the Department of Public Works and Highways for the design and construction of Phase 1 of the Philippine International Exhibition Center (PIEC) in Pasay City.
The PIEC, to be built on a reclaimed area in Manila Bay and slated for completion by December 2027, will have a gross exhibition floor area of 269,000 square meters. Once completed, it is set to become the largest convention facility in Southeast Asia.
The project will add to EEI’s growing order book, which stood at P33.33 billion in unworked contracts as of the first quarter of 2025.
The company sees continued revenue growth from ongoing infrastructure investments under the government’s “Build Better More” program as well as signs of recovery in the private sector.
EEI is also looking to accelerate its diversification efforts, with plans to launch more initiatives in real estate and energy this year.
These moves align with Antonio’s recent management buyout of a 20 percent stake in EEI previously held by RYM Business Management of the Romualdez family.
As the company marks its golden year on the local stock market, it reaffirmed its goal of playing a greater role in nation-building.
“We look to the future with an eye to further expand our role in nation-building and uplifting the lives of millions of Filipinos,” Antonio said.
“We will continue supporting the development of infrastructure, energy, property, and other developments that spur economic growth.”
EEI shares on Tuesday shed a centavo, or 0.35 percent, to P2.86 apiece amid a 0.05-percent marginal rise for the benchmark PSE index.
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