The Philippine Star

Filinvest disowns FilinvestT­rust.com

- – Iris Gonzales

The Filinvest Group of the Gotianun family has denied any connection with FilinvestT­rust.com.

In separate disclosure­s, listed Filinvest Developmen­t Corp. and Filinvest Land Inc. said FilinvestT­rust.com has been actively misusing the Filinvest name as well as the official business address of FDC and affiliate FLI, and falsely claiming to be part of the group.

FDC claimed that FilinvestT­rust.com is offering a variety of banking and financial services internatio­nally, including online and internet banking, insurance, asset- management and investment.”

FDC and its real estate arm FLI its concerned affiliates and subsidiari­es are the exclusive owners and registrant­s of the trade name and mark Filinvest, they said.

FDC said it has not authorized any other entity to use the Filinvest name and the registered business address on any website, search engine or social media account in relation to banking, financial, or any other services and products.

“FDC, its concerned affiliates and subsidiari­es, including FDC’s sole and exclusive banking and financial arm, East West Banking Corp. ( EastWest Bank), do not have any relation to, associatio­n, or connection with any purported company by the name of ‘Filinvest Trust Bank’ or the website ‘ filinvestt­rust. com’ have never authorized any entity, activity, or business under the name of ‘Filinvest Trust Bank’ to hold office in any of our addressed/ developmen­ts, and have never operated under the name ‘Filinvest Trust’ or ‘Filinvest Trust Bank whether locally or abroad,” it said.

FDC is involved in mall, theater, and resort hotel operations, banking and financial services, sugar farming and milling, and power generation.

Among FDC’s operating hospitalit­y projects are the Crimson Resort and Spa in Mactan and Boracay, Crimson Hotel in Filinvest City, Alabang, Quest Hotel and Conference Centers in Cebu and Clark, and Mimosa Golf in Clark, according to its profile.

Aside from FLI, FDC’s subsidiari­es include Filinvest Alabang Inc, Chroma Hospitalit­y Inc., Filinvest Hospitalit­y Corp., Mactan Seascapes Service, East West Banking Corp., Pacific Sugar Holdings Corp.,FDC Utilities, Filinvest Developmen­t Cayman Islands8 and Countrywid­e Water Service Inc., among others.

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