FilsynCorp

Welcome to Filsyn Corporation

Filsyn Corporation (FYN) is currently engaged in property rental business.

Strategic Storage

Streamline your supply chain with flexible warehousing.

Value Recovery

Boost returns with efficient asset liquidation.

Sector Synergy

Boost operations with our textile industry expertise.

Sustainability

Lead with practices protecting the planet

viber_image_2024-10-03_13-27-03-169
viber_image_2024-10-03_13-27-03-767
viber_image_2024-10-03_13-27-03-255

HOW CAN WE ASSIST YOU

Tailored Solutions for Your Business

At Filsyn Corporation, we provide specialized services to enhance your business operations. From efficient warehouse leasing to sustainable asset disposal, we ensure that your industrial needs are met with the highest standards.

Ensure Business Efficiency & Sustainability

Reliable Industrial Solutions to Keep Your Business Running Smoothly

Local Clients
0
Success Story
0
Local Award
0
viber_image_2024-10-03_13-27-05-867

Our Services

Innovative solutions for
your business

Filsyn Corporation offers tailored industrial solutions, including warehouse leasing, asset disposal, and specialized textile support, all with a focus on environmental responsibility.

Customer Service

Support given to assist clients with inquiries and issues.

Parking

Areas allocated for the safe and orderly placement of vehicles.

Security

Measures taken to ensure protection and safety of people and property.

Flood Control Facilities

Structures designed to manage and reduce the effects of flooding.

Garbage Disposal

Processes for collecting and eliminating waste and trash materials.

Common Area Maintenance

Regular care and repair of shared spaces in a building or community.

Filsyn

Vision

To transform Filsyn Corporation into a real property developer for its properties in Laguna, Cavite and Capiz, and into an operator of recycling plants for plastic bottles and used textiles.

Vision

Our vision is to transform Filsyn Corporation (the “Company”) into:

  1. a real property developer for its three (3) properties in Sta. Rosa City, Laguna; General Mariano Alvarez, Cavite; and Pontevedra, Capiz; and
  2. an operator of recycling plants to recycle plastic bottles and used textiles into raw materials for future use by major sporting companies for their sports apparel.

Mission

Together with its subsidiaries, the Company will revitalize itself by developing its three properties and boosting the recycling capability of FYN Green PET Corporation.

Mission

The Company, together with its subsidiaries, will revitalize the Company by:

  1. developing its 30-hectare property in Sta. Rosa City, Laguna as a master-planned mixed-use and/or commercial district and a high-end technology zone business hub registered with the Philippine Economic Zone Authority;
  2. developing its 16-hectare property in General Mariano Alvarez, Cavite as a middle-income residential area;
  3. developing its aqua ventures business or agricultural business in its 150-hectare property in Pontevedra, Capiz; and
  4. boosting the capability of its subsidiary (FYN Green PET Corporation) for the recycling of Polyethylene Terephthalate (i.e. plastic bottles) and textiles, the end-product of which will be exported to major sporting companies for their sports apparel.

Core Values

We strive for excellence in every aspect of our business by utilizing our core competencies, fostering a culture of trust, teamwork and responsibility.

Our Business

Following the cessation of its operation in 2005, the operations of the Company is now primarily focused on leasing of its investment properties in Sta. Rosa, Laguna.

The Company’s primary purpose is to carry on the business of making, manufacturing, preparing, dyeing, processing, treating, finishing, and converting all kinds of fibers, filaments, and materials, whether polyester, nylon, acrylic, rayon, cotton, wool, silk, hemp, flex and jute, and to make, manufacture, produce, raise, prepare, process, purchase, or otherwise acquire, and to hold, own, use, sell at wholesale, import, export, dispose of or otherwise trade or deal in with, such fibers, filaments and materials, any  and all kinds of yarns, threads, textiles, fabrics, cloth, and other goods and components spun, woven, knit or made in whole or in part of such fibers, filaments, or materials, or any of them, and all other articles, products, chemicals and substances related thereto or of a like or similar nature or which may enter into manufacture of any of the foregoing or which may be used in connection therewith.

Our Company

Incorporated
22 July 1968
Former name
Filipinas Synthetic Fiber Corporation
Business
Leasing of investment properties, Sta. Rosa, Laguna
Corporate term
Until 21 July 2068
Registered office
Unit 8, 5B The Pearlbank Centre, 146 Valero St., Salcedo Village, Makati City

FILSYN Corporation (“Filsyn” or the “Company”) was incorporated and registered with the Philippine Securities and Exchange Commission (SEC) on 22 July 1968 as Filipinas Synthetic Fiber Corporation to promote and support the polyester fiber and yarn requirements of the country’s textile industry. The Company changed its name to Filsyn Corporation in 1987 to reflect its wider range of activities.

On 22 September 2016, the Board of Directors (BOD) and stockholders approved to amend its Articles of Incorporation to extend the Company’s corporate life for another 50 years. The Philippine SEC approved the amendment on 28 October 2016, which extended the term of the Company’s existence for another 50 years from 22 July 2018 up to 21 July 2068.

The registered office address of the Company is Unit 8, 5B The Pearlbank Centre, 146 Valero St., Salcedo Village, Makati City.


Board of Directors

Florentino M. Herrera III

Chairman and President

Florentino M. Herrera III

Chairman and President

Atty. Florentino M. Herrera III, is the Chairman and President of Filsyn Corporation. He is the founding partner of Herrera Teehankee & Cabrera Law Offices (established in 1986). He was formerly a Partner of one of the largest law offices in the Philippines. He has been engaged in the general practice of law for the past forty-seven (47) years specializing in corporate law practice as counsel for various companies. Among others, he is the Chairman of FYN Green PET Corporation and Chairman/President of Arpeggio International Resources Corporation. Atty. Herrera holds a Bachelor of Arts in Political Science degree and a Bachelor of Laws degree (Cum Laude, Salutatorian) both from the University of the Philippines.

Consolacion A. Sanchez

Director

Consolacion A. Sanchez

Director

Ms. Consolacion A. Sanchez is a Certified Public Accountant by profession. She graduated from the University of the East in November 1969 with the degree of Bachelor of Science in Business Administration Major in Accounting. She is at present a Director/Treasurer of Far Eastern International Garments, Inc. and Cemtex Apparel, Inc.

Marialen C. Corpuz

Director

Marialen C. Corpuz

Director

Ms. Marialen C. Corpuz is the current President and a Director of FYN Green PET Corporation and a former Vice President for Finance of Filsyn Corporation (1992 – 1997). She graduated from the University of the Philippines with the degree of Bachelor of Science in Business Administration, Major in Financial Management. She received her Master's Degree in Business Administration from the University of the Philippines in 1979.

David Wang

Director

David Wang

Director

Mr. David Wang is the Chief Financial Officer of Far Eastern New Century Corporation. Mr. Wang received a Master's Degree in Business Administration from Mississippi State University. He is a director of Filsyn Corporation, Trans Pacific Oriental Holding Company, Inc. and FYN Green PET Corporation.

Samuel V. Torres

Independent Director

Samuel V. Torres

Independent Director

Atty. Samuel V. Torres is presently an Independent Director of Filsyn Corporation. He is presently the General Counsel of Pan Malayan Management & Investment Corporation of the Yuchengco Group of Companies. He also serves as the Corporate Secretary of various companies, i.e., House of Investments, Inc., iPeople, iNC., PetroEnergy Resources Corporation, Seafront Resources Corporation, Malayan Insurance Company, Inc., RCBC Bankard Services Corporation, RCBC Capital Corporation, RCBC Forex Brokers Corporation, RCBC Securities, Inc. and Sun Life Grepa Financial, Inc. He graduated from the University of the Philippines School of Economics with a degree in Bachelor of Science in Business Economics and took up Bachelor of Laws in the Ateneo de Manila University School of Law.

Evelyn Lim-Forbes

Director

Evelyn Lim-Forbes

Director

Mrs. Evelyn Lim-Forbes is currently the Executive Vice President & General Manager of Capital Storage Facilities Corporation; Vice­ President of PLLIM Insurance Agency and Investments, Inc. and Director of Lipave Management Corporation. She attended - Asian Institute of Management (1974-1976); Georgetown University (1972-1974); New York University (Summer 1970); Bennet College Millbrook, New York (1968-1970); Assumption Convent, SLV (1956-1968).

Ma. Belina B. Mariano

Director and Assistant Corporate Secretary

Ma. Belina B. Mariano

Director and Assistant Corporate Secretary

Atty. Ma. Belina B. Mariano is presently a Director and the Assistant Corporate Secretary of Filsyn Corporation. She is also the Chairperson/President of Trans-Pacific Oriental Holding Company, Inc. since September 2017. She is a graduate of the Ateneo Law School and holds a Bachelor of Science degree Major in Mathematics and Physics from De La Salle University.

Alan Tsai

Director

Alan Tsai

Director

Mr. Alan Tsai is the Executive Vice President of Far Eastern New Century Corporation. Mr. Tsai received a Master's Degree in Operation Management and Laws Program for Executives from National Cheng Chi University in Taiwan.

Amy Huang

Director

Amy Huang

Director

Ms. Amy Huang is presently a Senior Manager of Far Eastern Group's Legal Department. Ms. Huang received her double degree in Law and Business from Queensland University of Technology and was admitted as a member of Queensland Law Society in 2000. Before joining Far Eastern Group, Ms. Huang worked as a practicing lawyer in Australia.

Bing Chang

Director

Bing Chang

Director

Mr. Bing Chang is the Chief Operating Officer of Far Eastern New Century Corporation. Mr. Chang received a Master's Degree in Industry Engineering from Yuan Ze University in Taiwan. He is a director of FYN Green PET Corporation.

Edmundo A. Ong

Director

Edmundo A. Ong

Director

Mr. Edmundo A. Ong is the Taiwan Desk Manager of KPMG Taiwan based in TECO Philippines. Mr. Ong graduated from De La Salle University with a degree of Bachelor of Science in Business and Economics Major in Management of Financial Institutions and from Systems Technology Institute with a course in Basic Computer Programming. 

Officers

Florentino M. Herrera III

Chairman and President

Florentino M. Herrera III

Chairman and President

Atty. Florentino M. Herrera III, is the Chairman and President of Filsyn Corporation. He is the founding partner of Herrera Teehankee & Cabrera Law Offices (established in 1986). He was formerly a Partner of one of the largest law offices in the Philippines. He has been engaged in the general practice of law for the past forty-seven (47) years specializing in corporate law practice as counsel for various companies. Among others, he is the Chairman of FYN Green PET Corporation and Chairman/President of Arpeggio International Resources Corporation. Atty. Herrera holds a Bachelor of Arts in Political Science degree and a Bachelor of Laws degree (Cum Laude, Salutatorian) both from the University of the Philippines.

Apolinario L. Posio

Executive Vice President and Chief Finance Officer

Apolinario L. Posio

Executive Vice President and Chief Finance Officer

Mr. Apolinario L. Posio is the Executive Vice President and Chief Finance Officer of Filsyn Corporation. He was formerly the Vice President-Finance & Accounting & Compliance Officer of Filsyn Corporation. He is a Certified Public Accountant by profession. He graduated from the University of Santo Tomas with a degree of Bachelor of Science in Commerce Major in Accounting. He is the Treasurer of FYN Green PET Corporation, the Chairman and President of Island King Aquaventures Corporation and a Director and Vice Chairman of TOTAL DEV Multi-Purpose Cooperative.

Alain Charles J. Veloso

Corporate Secretary

Alain Charles J. Veloso

Corporate Secretary

Atty. Alain Charles J. Veloso is currently the Corporate Secretary of Filsyn Corporation. He is a partner in Quisumbing Torres’ Corporate & Commercial/M&A Practice Group and heads the firm’s Capital Markets and Financial Institutions groups. He graduated from the University of the Philippines Tacloban College with a degree in BS Accountancy in 2001 (Cum Laude and Batch Salutatorian), from the University of the Philippines College of Law with a Bachelor of Laws degree in 2006 (Cum Laude and Batch Valedictorian), and EU Competition Law at the London School of Economics and Political Science in 2017. He is also a Certified Public Accountant.

Ma. Belina B. Mariano

Director and Assistant Corporate Secretary

Ma. Belina B. Mariano

Director and Assistant Corporate Secretary

Atty. Ma. Belina B. Mariano is presently a Director and the Assistant Corporate Secretary of Filsyn Corporation. She is also the Chairperson/President of Trans-Pacific Oriental Holding Company, Inc. since September 2017. She is a graduate of the Ateneo Law School and holds a Bachelor of Science degree Major in Mathematics and Physics from De La Salle University.

Marinela C. Santos

Treasurer and Head of Administration and Human Resource Department

Marinela C. Santos

Treasurer and Head of Administration and Human Resource Department

Ms. Marinela C. Santos is currently the Treasurer and the Head of Administration and Human Resource Department of Filsyn Corporation. She graduated from the College of the Holy Spirit in March 1972 with the degree of Bachelor of Science in Commerce, Major in Accounting.

Giovanni C. Laya

Accounting Manager, Auditor and Compliance Officer

Giovanni C. Laya

Accounting Manager, Auditor and Compliance Officer

Mr. Giovanni C. Laya is currently the Accounting Manager, Auditor and Compliance Officer of Filsyn Corporation and the Treasurer of Island King Aquaventures Corporation. He is a Certified Public Accountant by profession. He graduated from Lipa City Colleges in March 2011 with a degree of Bachelor of Science in Accountancy (Cum Laude) and received a Master's Degree in Business Administration (with high academic distinction) from Wesleyan University - Philippines in August 2024.