 In a PSE disclosure, on September 8, 2025, Global Ferronickel Holdings, Inc. (FNI) informed the Philippine Stock Exchange and the investing public that the Company notes reports that the Bureau of Immigration has appealed the Decision of the Regional Trial Court of Taguig City, Branch 271, which ruled that the Company’s Chairman, Mr. Joseph C. Sy, is a Filipino citizen, found no legal basis for his detention, and directed his immediate release. Mr. Sy’s legal team has emphasized that the court’s ruling is immediately executory and confirmed that available remedies will be pursued to secure his liberty.
The Company also wishes to assure shareholders, stakeholders, and the investing public that its business operations remain stable and unaffected by these developments. You may also read related articles: Taguig City Regional Trial Court Affirms Joseph Sy’s Filipino Citizenship, Declares Detention Illegal, and Orders His Immediate Release Global Ferronickel Holdings releases an Official Statement on the detention of its Chairman, Joseph Sy |
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