Filinvest Development Corp. (FDC) and its subsidiaries were recently recognized for their exemplary adherence to regional corporate governance practices at the Institute of Corporate Directors’ (ICD’s) annual Asean Corporate Governance Scorecard (ACGS) Golden Arrow Awards.
At the ACGS Golden Arrow Awards Night in Parañaque City on September 28, holding company FDC was honored with a 2-Golden Arrow Award, while full-range property developer Filinvest Land Inc. (FLI)., Filinvest REIT Corp. (FILRT), the real estate investment trust (REIT) of the Filinvest Group; and East West Banking Corp., the banking arm of the Filinvest Group, were honored with 1-Golden Arrow awards each.
“The recognition earned by various units of the Filinvest Group at the ACGS Golden Arrow Awards is a testament to our unwavering and collective commitment to corporate governance excellence. We believe that transparency, accountability, and ethical conduct are fundamental to building trust with our stakeholders as we gear up for sustainable growth in the years to come,” said Chiqui Huang, FDC president and chief executive officer.
Filinvest Land is sustaining its bullish business stance as it accelerates the development of its popular medium-rise building developments that are Green and promote Health and Life Tech, new mixed-use townships, and even vast industrial parks that will offer ready-built factory leasing.
FILRT is focused on increasing office occupancy while embarking on a journey toward becoming an Excellence in Design for Greater Efficiencies (EDGE) Champion, as six of its properties in Northgate Cyberzone, Filinvest City were formally recognized as EDGE-certified by the International Finance Corp. (a member of the World Bank Group) for their outstanding commitment to sustainability.
Meanwhile, with the positive coming from the past year, EastWest looks forward to a bright future as it continues to innovate its products and services to give customers an easier banking experience. Especially as part of a highly regulated industry, EastWest remains resolute in its mission to continually raise the bar in corporate governance and to drive unparalleled value for its shareholders, clients, and the broader community.
