principal investments


is a leading Total Food Solutions company with operations in all stages of food manufacturing from the production of raw materials and their processing through to the manufacture of consumer food and beverage products and their distribution to the market. > read more


is the largest fully integrated telecommunications company in the Philippines. Its shares are listed on the Philippine Stock Exchange and its American Depositary Shares are listed on the New York Stock Exchange. > read more


is a leading infrastructure investment and management company. Its shares are listed on the Philippine Stock Exchange and are available for trading in the United States through American Depositary Receipts. > read more


operates one of Singapore’s most efficient power plants, housing an 800-megawatt natural gas-fired combined cycle facility. PLP’s solar energy solutions will further enhance its ability to deliver reliable and sustainable electricity. Its wholly-owned subsidiary PacificLight Energy Pte. Ltd. offers customized price packages for retail electricity customers in Singapore. > read more


is a Philippine-listed company engaged in the exploration and mining of mineral resources, and through investment in Philippine-listed PXP Energy Corporation (PSE: PXP), in energy and hydrocarbon exploration and production. > read more

Roxas Holdings

is a Philippine-listed sugar and ethanol producer. > read more




First Pacific Finance Limited was founded as a financial services provider in Hong Kong (deposit-taking company or aka finance house). Start-up capital was HK$7 million (US$0.9 million) with a total staff of six (6) in a 500 square feet (50 square meters) office in Central, Hong Kong. Original name was Overseas Union Finance Limited (OUF)

From 1982-1987

Acquired Hibernia Bank in San Francisco, a controlling interest in Hagemeyer, the Netherlands, invested in Berli Jucker in Thailand, First Pacific Davies in Hong Kong, United Savings Bank in California, Hong Nin Bank in Hong Kong and founded Metro Pacific Corporation in the Philippines


First Pacific Holdings and First Pacific International merged to form the currently listed First Pacific Company (using Shanghai Land of the Kadoorie Family as the listed shell)

First investment in telecoms with the purchase of a 50% interest in Pacific Link, Hong Kong. Acquired Dragon Seed Department Store in Hong Kong, set up retail operations (System One for electronic appliances and Sports Authority for sporting goods)


Acquired a controlling interest in Imagineering Australia thereafter named Tech Pacific


Acquired Far East Bank and merged it with Hong Nin Bank, renamed and listed as First Pacific Bank in Hong Kong

From 1988-1996

First Pacific showed significant growth in marketing and distribution, property and banking divisions; and pioneered in regional telecoms investments

From 1993-1996

Smart Communications launched cellular services in the Philippines. NTT of Japan invested in Smart Communications as a strategic investor. Acquired PDCP Bank and First e-Bank in the Philippines

Invested in GSM networks in China's Fujian Province, Shenzhen, Dongguan and Huizhou and in Taiwan's Tuntex Telecom, rolled out GSM mobile networks in India through Escotel


First Pacific became a constituent of the Hang Seng Index

From 1998

With the Asian crisis, First Pacific restructured and refocused in Asia with core investments in leading companies in telecoms, consumer food products and infrastructure sectors

From 1998-2000

Acquired PLDT in the Philippines and Indofood in Indonesia. Concluded acquisition of Smart by PLDT


Relisted MPIC as an infrastructure company


Increased investment in PLDT. Invested in water distribution (Maynilad) and hospital (Makati Medical Center) through MPIC. Listed Indofood's plantations businesses through IndoAgri. IndoAgri acquired Lonsum (plantations)


First Pacific made its first investments in mining (Philex), and in toll roads (MPTC) through MPIC. MPIC increased investment in Maynilad

Indofood added dairy business through the acquisition of Indolakto


Invested in electricity distribution (Meralco) through PLDT and MPIC. Increased investment in Philex


Increased investments in Meralco through Beacon Electric (PLDT and MPIC), in hospitals through MPIC and in Philex. Listed Indofood's consumer branded products businesses through ICBP


Increased investments in telecoms through PLDT's acquisition of Digitel, in Meralco through Beacon Electric, in hospitals through MPIC. Listed natural resources businesses through Philex Petroleum (oil and gas exploration) and SIMP (plantations)


Increased investments in Meralco through Beacon Electric (PLDT and MPIC), in Philippine Hydro (PH) Inc. through Maynilad, in CAVITEX through MPTC, in hospital through MPIC, in consumer products through Indofood, in plantations through IndoAgri, SIMP and Lonsum


FPM Infrastructure (First Pacific and MPIC) acquired 29.45% of Don Muang Tollway

FP Natural Resources (First Pacific and IndoAgri) acquired 34.0% of Roxas Holdings

FPM Power (First Pacific and Meralco) acquired 70.0% of PacificLight Power


First Pacific sold its 75.0% interest in FPM Infrastructure to MPIC, lifted MPIC stake in Don Muang Tollway to 29.45%


First Pacific acquired 50.0% of Goodman Fielder

FP Natural Resources (First Pacific and IndoAgri) and its Philippine affiliate increased investment in Roxas Holdings to 50.9%


Metro Pacific Holdings, Inc. ("MPHI", a Philippine affiliate of First Pacific) sold 4.1% diluted interest in MPIC to GT Capital Holdings, Inc. and subscribed newly issued Class A voting preferred shares in MPIC. Post transactions, MPHI holds a voting interest in MPIC of 55.0% and an economic interest of 42.0%

MPIC expanded its power portfolio by increasing its interest in Beacon Electric to 75.0% from 50.0% and invested in Global Business Power Corporation


MPIC acquired the remaining 25.0% interest in Beacon Electric which became a wholly-owned subsidiary of MPIC


First Pacific sold its 50% interest in Goodman Fielder to Wilmar International Limited

MPIC sold its 40.0% interest in Metro Pacific Hospital Holdings, Inc. to KKR & Co. Inc.


Indofood CBP acquired the entire issued share capital of Pinehill Company Limited


MPIC’s Beacon PowerGen sold its 56% interest in Global Business Power Corporation to Meralco PowerGen Corporation


First Pacific rated investment grade, BBB- Stable from S&P, Baa3 Stable from Moody’s