A significant financial restructuring is underway at EEI Corp., as its board has authorized the assumption of over ₱11.42 billion in liabilities belonging to its subsidiary, First Orient International Ventures Corp. This isn't a simple bailout, but a calculated move involving a share exchange – unissued shares of EEI will be used to absorb the debt.
EEI Just Dropped a BOMBSHELL: P11.42 Billion Power Play UNLEASHED!