Filinvest Land, Inc. (FLI) marks another milestone by receiving recognition at the Institute of Corporate Directors’ (ICD) annual ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards. This is the second consecutive year that Filinvest Land was honored with a Golden Arrow and included as one of the top publicly listed companies (PLCs) in the Philippines.
FLI’s holding company, Filinvest Development Corporation (FDC), was also honored with two Golden Arrow Awards, while Filinvest REIT Corp. (FILRT), the real estate investment trust (REIT) arm of the Filinvest Group, and East West Banking Corp. (EastWest), the banking arm of the Filinvest Group, received one Golden Arrow each.
“We, at Filinvest Land remain steadfast in our commitment to build the Filipino dream while strongly upholding the highest standards of corporate governance. We believe that transparent and ethical practices are the cornerstones of our success, and we are truly honored to be recognized for our dedication to these principles at the ACGS Golden Arrow Awards,” says Filinvest Land, Inc. President and Chief Executive Officer Tristan Las Marias.
With a strong presence across the archipelago, Filinvest Land boasts of a diverse property portfolio of over 280 projects in over 55 key areas nationwide. FLI’s expertise extends across various real estate business segments, encompassing residential, commercial, retail, office leasing, industrial parks, and co-living spaces. Filinvest Land’s exceptional performance in corporate governance is exemplified through its bullish business stance as it accelerates the development of its green mid-rise building developments that promote Health and Life Tech, mixed-use estates, and even vast industrial parks that offer ready-built factory leasing.
The Golden Arrow Awards assesses companies on shareholder rights, stakeholder relations, transparency, and board oversight through 184 questions derived from public disclosures. Its goal is to enhance corporate governance in the Philippines, making publicly listed companies more appealing to investors.
This recognition stands as a testament to FLI’s unwavering dedication to exceptional corporate governance, further solidifying its role as a trailblazing industry leader. FLI’s consistent pursuit of excellence in governance showcases its commitment to shareholders and underscores its role in driving positive change within the corporate landscape of the Philippines. As it continues to set the benchmark for corporate best practices, Filinvest Land embodies the spirit of a responsible and forward-thinking business.