First Pacific is a regional conglomerate engaged in telecommunictions, property

PUBLISHED : Sunday, 04 April, 1999, 12:00am
UPDATED : Sunday, 04 April, 1999, 12:00am
 

FIRST Pacific is a regional conglomerate engaged in telecommunications, property and banking.


Nomura Research Institute Hong Kong put a sell recommendation on the brokerage a year ago. This initially proved good advice because the share price fell by nearly 40 per cent from its early-April value.


But anyone who bought and kept the counter until now would have seen its price jump by 30 per cent, against the Hang Seng's 9 per cent rise.


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