FDC gears up for next phase of growth

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May 30, 2025 | 12:00am

MANILA, Philippines — Filinvest Development Corp. (FDC) of the Gotianun family is positioning itself for the next phase of sustainable growth by strengthening its capital structure and enhancing financial flexibility.

FDC president and CEO Rhoda Huang said the group’s planned P8-billion preferred share offering supports its objective to deepen investments in sectors where it has strong competitive advantages and long-term value creation potential.

In a stock exchange filing, FDC said it has filed a registration statement with the Securities and Exchange Commission (SEC) and a listing application with the Philippine Stock Exchange (PSE) for the proposed public offering of up to eight million preferred shares at P1,000 apiece.

The offer will consist of a base offer of up to six million preferred shares, with an oversubscription option of up to two million shares, which will be offered in up to two series.

The offer period is expected to run from July 21 to 25, 2025, with listing date on the main board of the PSE targeted on Aug. 4, 2025.

“This offering is a key component of the company’s capital markets engagement strategy, designed to broaden its investor base and diversify funding sources,” FDC said.

Proceeds will be used by the company to refinance existing obligations and fund growth initiatives that support its long-term investment strategy.

“This aligns with FDC’s strategic direction to unlock value in its core businesses while expanding in high-growth sectors such as affordable, middle-income and high-end residential markets, consumer banking, hospitality and power generation,” the company said.