Filinvest Land, Inc. (FLI) is closing its wholly owned subsidiary, Filinvest Lifemalls Mimosa Inc. (FLMI), as part of the company’s ongoing initiatives to enhance operational efficiency and strengthen its organizational structure.
FLMI currently holds no assets, has no business operations, and has no registered employees. Its closure is a strategic step that enables FLI to streamline its corporate structure and focus resources on subsidiaries that actively contribute to the company’s growth and development objectives.
“As we continue to strengthen our organizational structure, it is important that every entity within the Filinvest Land group contributes to our growth objectives. Since FLMI has no assets, operations, or employees, its closure allows us to focus on subsidiaries that are actively driving value and development,” said Tristan Las Marias, President and CEO of Filinvest Land, Inc.
FLMI has applied with the Securities and Exchange Commission to shorten its corporate term—a procedural measure that supports FLI’s efforts to simplify its internal structure and ensure alignment with long‑term strategic priorities.
FLI emphasized that the closure of FLMI will not affect any ongoing developments, particularly within the Filinvest Mimosa+ estate.
“This administrative step ensures our resources and structures remain strategically aligned with our long‑term growth priorities,” Las Marias added.
Despite the closure of FLMI, the development of the Mimosa Lifestyle Mall—also known as Filinvest Mall Mimosa—continues without interruption. The mall is owned, developed, and will be operated by FLI through its subsidiary Filinvest Clark Mimosa Inc. Construction is underway, with the opening targeted for 2026.
“Our commitment to delivering the Mimosa Lifestyle Mall is unwavering. This development is progressing as planned, and once completed, it will serve as a dynamic commercial anchor for the Filinvest Mimosa+ estate. We are excited to bring a modern, thoughtfully curated lifestyle environment that will elevate the overall experience in Clark,” Las Marias said.
The upcoming Filinvest Mall Mimosa will feature a curated mix of dining concepts, retail outlets, and lifestyle and wellness establishments. Designed as a modern retail hub, it will enhance commercial activity within the Filinvest Mimosa+ estate and contribute to a vibrant community experience in Clark.
