Solid Group to Invest PhP20M in Modular Housing Business

The Board of Directors of Solid Group Inc. (PSE: SGI) has approved the proposal to study and explore the feasibility of engaging in the business of setting up modular housing units using pioneering technology.

In line with this, the Board approved an investment of up to PhP20 million for the importation of modular materials and systems in setting up of pilot units to determine their suitability to Philippine conditions.