Filinvest Development Corporation (FDC) and its subsidiaries, East West Banking Corporation, Filinvest Land Inc. (FLI), and Filinvest REIT Corp. (FILRT), were recently recognized at the annual ASEAN Corporate Governance Scorecard (ACGS) 2024 Golden Arrow Awards for exemplary corporate governance practices. This recognition underscores the group’s ongoing efforts to align its standards with internationally recognized governance practices, further deepening its commitment to shareholders.
Author: Filinvest Development Corporation
Filinvest-led Mimosa Plus Golf is first GEO Certified golf course in the PH
FAI wins three major category awards at the 2024 Asia Pacific Property Awards
Filinvest Alabang, Inc. (FAI) is proud to announce its recent accolades at the esteemed 2024 Asia Pacific Property Awards, further solidifying its position as a trailblazer in crafting vibrant and sustainable communities.
FDC registers broad-based net income growth of 58% to P8.9B in 2023
Filinvest Development Corporation (FDC) registered a net income attributable to equity holders of the parent company of ₱8.9 billion in 2023, 58 percent higher than the ₱5.7 billion recorded the previous year, while consolidated net income reached ₱12.1 billion, rising by 46 percent year-on year.
Filinvest Group bags multiple esteemed awards, a commitment to growth and excellence
The Filinvest Group continuously strives for excellence, winning numerous awards and recognition for real estate, banking and finance, and hospitality.
EastWest Executive Director honored as one of PDI’s Women of Power 2024
EastWest Executive Director Isabelle Gotianun Yap was one among the 38 women leaders honored as Woman of Power 2024 last March 11, 2024, at Philippine Daily Inquirer’s recognition ceremony themed “Breaking Barriers, Building Bridges: A Tribute to Women’s Leadership & Resilience”
Filinvest Vice Chairperson joins BCDA and STB GIGA delegation at the PH Business Forum in Melbourne
The first locator of Filinvest Innovation Park in New Clark City (FIP-NCC), STB GIGA Factory Inc. (STB), recently signed a Memorandum of Understanding at the Philippine Business Forum at the ASEAN-Australia Summit in Melbourne last March 4, 2024.
Filinvest Malls and COMELEC Launch Register Anywhere Program
In a move to enhance voter accessibility, Filinvest Malls becomes the first mall chain to sign a Memorandum of Agreement (MOA) with the Commission on Elections (COMELEC), launching the Register Anywhere Program (RAP) during a contract signing ceremony at Festival Mall on February 7, 2024. Tristan Las Marias, President & CEO of Filinvest Land, Inc., and COMELEC Chairman George Erwin Garcia, solidified their commitment to RAP during the ceremony.
Filinvest spurs growth plans with 4.5X oversubscribed bonds
February 7, 2024 – Filinvest Development Corporation (FDC) has listed the first tranche of its ₱32 billion fixed rate bonds on the Philippine Dealing & Exchange Corp (PDEx). The bond issuance consisted of a base offer of ₱7 billion, with an option for oversubscription of up to ₱3.0 billion. At an interest rate of 6.3206% per annum and a maturity period of 2.5 years, the bonds garnered significant interest from investors, with subscriptions exceeding the base offer by more than fourfold.
Filinvest’s soon-to-rise solar power project in Mindanao increases capacity by 95%
The Filinvest Group will expand its solar power project in the PHIVIDEC Industrial Estate in Misamis Oriental by 95%. Project proponent Filinvest subsidiary FDC…