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First Pacific Plans IPO of Affiliate Maynilad Water Services
Hong Kong stock announcement | Guangzhou Automobile Group: plans to transfer 18.82% equity of Jiuwan Technology Research to Guangzhou Industrial Conglomerates.
Guangzhou Automobile Group (02238) and its wholly-owned subsidiary Guangzhou Capital intend to transfer 18.82% equity stake in Juwan Technology Research to Guangzhou Industrial Conglomerates; zijin mining group (02899): completion of transaction of La Arena gold mine and Phase II project in Peru.
First Pacific (00142.HK) plans to spin off Maynilad for independent listing.
Great Wisdom News, December 3rd | First Pacific (00142.HK) announced that the company is considering the possible spin-off of Maynilad Water Services, Inc. (Maynilad) (a subsidiary company of the group in the Philippines, and the group will comprehensively integrate the performance of Maynilad) shares for independent listing on the Philippine Stock Exchange. Maynilad is engaged in providing water supply and sewerage treatment services in the 'west' of Greater Manila area, covering 11 cities in Metro Manila and three cities and three municipalities in Cavite province.
First Pacific Bank Selects Q2 to Boost Its Commercial Banking Offerings
First Pacific (00142.HK) saw steady growth in revenue and core profits for the first nine months of 2024.
Recently, First Pacific (00142.HK) announced the performance of its three major operating companies, Indofood, PLDT, and MPIC, for the nine months ending September 30, 2024. Revenue and core profits continued to grow in the first three quarters of this year. As of the nine months ending September 30, 2024, Indofood in Indonesia achieved a consolidated net sales of 86.94 trillion Indonesian rupiah, a year-on-year increase of 4%; operating income of 16.09 trillion Indonesian rupiah, a year-on-year increase of 13%; and core profit of 8.3 trillion Indonesian rupiah, a year-on-year increase of 17%. Meanwhile, in the Philippines...
First Pacific Highlights PLDT's Latest Financial Results
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