Ferronoux Holdings Inc. (FHI) was formerly AG Finance Inc. It now has eight directors who compose the board with Michael C. Cosiquien, chairman and president, and Jesus G. Chua, vice chairman. The others, as posted on the website of the Philippine Stock Exchange (PSE), are Matthew John G. Almogino, Irving C. Cosiquien, Yerik C. Cosiquien, Erwin Terrel Y. Sy and Michelle Joan G. Tan. Alfred Jacinto is the independent director.

Michael is also the president of Ferronoux, which in a public ownership report (POR) as of March 31, 2020 showed him as holder of 175,422,074 common shares, or 67 percent (66.999997 percent), the same number of FHI common shares held by ISOC Holdings Inc. as the company’s principal stockholder with the same number of FHI common shares.