Filinvest Development Corp
Ms. Virginia T. Obcena, Filipino, was first elected as an independent director of FDC on 29 April 2016. She is presently an independent director, Chair of the Audit Committee and member of the Nominations Committee of Capital Markets Integrity Corporation (CMIC), an independent unit of the Philippine Stock Exchange for the audit, surveillance and enforcement of the Securities Law, rules and regulations of the Securities and Exchange Commission, the Philippine Stock Exchange, CMIC and other relevant regulators on the trading participants, principally the stock brokers. She is also a director and nominal shareholder in 168 Development Corporation, and member of the Panel of Conciliators of the International Centre for Settlement of Investment Disputes (ICSID) of the World Bank. She was a former partner of Sycip Gorres Velayo & Co. and she also worked in the Accounting and Auditing Standards Group of Deloitte and Touche, New York. She obtained her Bachelor of Science in Business Administration degree, Magna cum Laude, in the University of the East and her Master in Business Administration degree in the University of the Philippines.
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Filinvest Development Corp
Filinvest Development Corporation (FDC) is engaged in the businesses of real estate, financial services, sugar industry, hospitality industry and utilities. The Company's segments include Real Estate and Sugar Operations. Through its subsidiaries, the Company is involved in the acquisition of land, planning and development of integrated residential and commercial communities; development and sale of residential and commercial lots, and the development and leasing of retail and office space and land in these communities; construction and sale of residential, housing and condominium and office buildings; development of farm estates, industrial and business parks; operation of cinema and mall, and property management. Its Sugar Operations is involved in the purchase of raw sugar, refined sugar and molasses. Its subsidiaries include Pacific Sugar Holdings Corporation (PSHC), Filinvest Land, Inc. and FDC Utilities, Inc.