First Pacific is an investment holding company based in Hong Kong, with investments located in the Asia-Pacific region. The company's main investment areas are consumer food, telecommunications, infrastructure and natural resources. mission Bringing dividends/dividend returns to shareholders Enhancing First Pacific's stock price/value Further invest in value-added businesses by considering all relevant guidelines, including environmental, social and governance factors, to manage risk more effectively and build sustainable long-term returns Investment guidelines The investment project must be located in or trade with a rapidly growing Asian emerging economy They must fit into our four industries (consumer food, telecommunications, infrastructure and natural resources) The companies to be invested must have a stable or dominant market position within their respective industries They must have huge cash flow potential tactics Look for assets with strong growth potential and potential for synergy, but are undervalued or not yet performing Helping our investments set strategic direction, develop business plans, and define goals Raise the level of reporting and environmental, social and governance of First Pacific and its investments to international standards First Pacific's portfolio focuses on our core industries and the business markets of PT Indofood Sukses Makmur Tbk (“Indofood”), PLDT Inc. (“PLDT”), and MetroPacific Investments Corporation (“MPIC”). Indofood is Indonesia's largest vertical integrated food company and producer of the global instant noodle brand Indomie. PLDT is the leading integrated telecommunications and digital service provider in the Philippines, and has the country's largest fixed broadband network and the largest and most advanced wireless network. MPIC is the leading infrastructure investment and management company in the Philippines, and holds interests in the country's largest electricity distributors, toll road operators, water conveyors and health care groups. MPIC also has investments in petroleum product storage, real estate, light rail and agricultural businesses. Savills is also on PacificLight Power Pte. Ltd. (“PLP”), Philex Mining Corporation (“Philex”), and PXP Energy Corporation (“PXP”) hold investments. PLP is the operator of one of the most efficient gas-fired power plants in Singapore. Philex is one of the largest metal mining companies in the Philippines, producing gold, copper and silver, while PXP is an upstream oil and gas company with multiple service contracts in the Philippines. First Pacific is listed in Hong Kong, and its shares are also traded in the US through American Depositary Securities. As of August 23, 2024, Savills Pacific's economic interests in Indofood, PLDT, MPIC, FPM Power Holdings Limited (“FPM Power”), Philex and PXP were 50.1%, 25.6%, 46.3%, 68.8%, 31.2% and 35.7%, respectively.
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