FNI Chairman’s Release Reiterated by Court After Glaring Lack of Execution of Writ of Habeas Corpus9/10/2025 Global Ferronickel Holdings, Inc. (FNI or the Company) informs the Exchange and the investing public that the Regional Trial Court of Taguig granted on 9 September 2025 the Very Urgent Motion for Execution Pending Appeal and Admission to Post Bond Ad Cautelam filed on behalf of the Company’s Chairman, Mr. Joseph C. Sy. The Court, noting the Bureau of Immigration’s “glaring lack of execution” of the earlier Writ of Habeas Corpus, issued a Writ of Execution directing Mr. Sy’s release from detention upon posting of the prescribed bond, which has been duly posted.
This ruling constitutes a judicial affirmation that Mr. Sy’s continued detention had no legal basis and upholds his fundamental rights as a Filipino citizen. |
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