Business Profile

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.

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.

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.

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.