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  1. First Pacific taps market for US$300m loan

    Posted Jan 15th 2007, 12:00am by Staff Reporter

    ... Tim LeeMaster First Pacific, a Hong Kong-listed telecommunications and consumer food products conglomerate, was seeking a US$300 million loan, market sources said. A First Pacific ... Telephone (PLDT). First Pacific owns the other 54 per cent of Philippine Telecommunications. The government's stake in PLDT is worth US$592 million based on the firm's closing share price ...

  2. HK and Asia-Pacific spur HSBC profits to US$11.1b

    Posted Aug 02nd 2011, 12:00am

    ... May Chan may.chan@scmp.com Hong Kong and Asia-Pacific led growth in HSBC's global revenues as the region's economic momentum continued to outstrip North America, Europe and Latin America. Profit before tax in Hong Kong increased 26.9 per cent to US$3.1 billion in the first half compared with the same period last year, while the rest of Asia-Pacific posted a 32.6 per cent ...

  3. Profit sees steady rise over first six months

    Posted Sep 05th 2011, 12:00am

    ... Hong Kong-listed conglomerate First Pacific says its unaudited financial results for the first six months of the year saw a steady rise in net profit. First Pacific says its recurring ... are a result of continuing strength in the emerging markets where earlier investments made by the company are bearing fruit,' says Manuel Pangilinan, managing director and CEO of First Pacific ...

  4. Survey puts Asia-Pacific in second place after US

    Posted Aug 25th 2010, 12:00am by Yvonne Liu

    ... Asia-Pacific commercial property markets offer higher returns to investors than cities in Europe, though generally lower than those in the United States, property consultant DTZ said. DTZ's latest quarterly fair-value index, assessing the relative value of commercial properties in 84 cities around the world, said the Asia-Pacific region's commercial property markets ...

  5. Taiwan trade lifts Core Pacific net

    Posted May 14th 2008, 12:00am by Sandy Li

    ... Sandy Li Core Pacific-Yamaichi International, a Taiwanese-controlled brokerage, said first-quarter net profit doubled, thanks to more Hong Kong buyers trading stocks listed on the island amid thin market turnover in the city. Liu Dar-by, an executive director and chief executive at Core Pacific-Yamaichi International, said profit was HK$50 million in the first quarter ...

  6. China Pacific scouts overseas investors

    Posted Dec 14th 2007, 12:00am by Staff Reporter

    ... Natalie Chiu China Pacific Insurance plans to bring in overseas strategic investors during its Hong Kong listing next year. The insurer began the initial public offering of A shares ... approval from the regulators,' said Gao Guo-fu, chairman of China Pacific Insurance in an online roadshow yesterday. 'We are considering introducing strategic partners during the listing ...

  7. Citic Pacific fiasco shows SFC needs more muscle

    Posted Apr 14th 2009, 12:00am by Enoch Yiu

    ... involving Citic Pacific. Many people may be surprised that the SFC is not already the top watchdog in the market. But on closer scrutiny, we find a lot of regulatory loopholes that prevent the SFC ... been no brokerage failures in today's financial crisis, thanks to the SFC. But could it have carried out the same health checks on Citic Pacific to ensure the firm had the risk-management ...

  8. Credit Suisse hires StanChart's Nargolwala to head Asia-Pacific

    Posted Sep 07th 2007, 12:00am by Staff Reporter

    ... Tim LeeMaster Credit Suisse, the European investment bank, has poached Kai Nargolwala away from London-based lender Standard Chartered to head its Asia-Pacific unit. Mr Nargolwala would take up duties as Asia-Pacific's chief executive on January 1, Credit Suisse said in a statement yesterday. He replaces former regional head Paul Calello, who was promoted to head ...

  9. China Pacific Insurance eyes 20b yuan listing

    Posted Sep 15th 2007, 12:00am by Nevin Nie

    ... the largest companies raise funds domestically first after restarting the initial public offering market in May last year. China Pacific, which originally planned to go public this year, made a profit ... Tim LeeMaster and Nevin Nie China Pacific Insurance is planning to raise as much as 20 billion yuan on the mainland before seeking a slightly smaller amount in Hong Kong next year, ...

  10. China Pacific likely to delay HK$24b IPO

    Posted Jan 31st 2008, 12:00am by Staff Reporter

    ... Wong Ka-chun Market's wild swings lead insurer to scrap meeting with stock exchange's listing panel China Pacific Insurance (Group), the mainland's third-largest insurer, ... listing in Shanghai late last month. China Pacific Insurance joins six other companies that have delayed or shelved plans for a Hong Kong listing as shock waves from the United States subprime ...




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