House of Investments, Inc. (HI) was incorporated in 1959 as an investment bank. However, since investment banking had yet to be developed, HI decided to create its own investments and then shifted to intra-preneurial activities. Throughout its history, HI acquired, organized, invested, and divested in various corporate institutions and industries while focusing its corporate goal of contributing to the economic development of the country. HI is an investment and management company of the Yuchengco Group of Companies. At present, HI has 16 direct subsidiaries and affiliated companies. These companies are organized into four main groups, namely, information technology and education, construction and infrastructure, consumer finance, and car dealership. HI's subsidiaries include, among others, EEI Corporation, iPeople, Inc., First Malayan Leasing and Financing Corporation, Honda Cars Kalookan, Inc., and Landev Corporation. Source: SEC Form 17-A (2008)