First Pacific

History

• 1981: First Pacific Finance Limited was founded as a financial services provider in Hong Kong.
• 1982: Acquired Hibernia Bank in San Francisco, United States. First Pacific International established to hold the Group's marketing and distribution businesses
• 1985: Invested in First Pacific Davies in Hong Kong
• 1987: Acquired Hong Nin Savings Bank in Hong Kong from British Hong Kong Government
• 1988: Sold Hibernia Bank. First Pacific Holdings and First Pacific International merged to form the currently listed First Pacific Company. Acquired Pacific Link. First investment in telecoms with the purchase of a 50% interest in Pacific Link, Hong Kong. Acquired Dragon Seed Department Store in Hong Kong then sold it to Tokyu the same year, set up retail operations
• 1989: Acquired Imagineering Australia
• 1992: Acquired Far East Bank and merged with Hong Nin Savings Bank, renamed and listed as First Pacific Bank in Hong Kong
• 1996: First Pacific became a constituent of the Hang Seng Index. Smart Communications launched cellular services in the Philippines. NTT of Japan invested in Smart Communications as a strategic investor. Acquired PDCP 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.
• 1997: Sold Tech Pacific to Hagemeyer and Pacific Link to Hong Kong Telecom
• 1998: Acquired PLDT in the Philippines and Indofood in Indonesia. Concluded acquisition of Smart Communications by PLDT
• 2000: Sold First Pacific Bank to Bank of East Asia
• 2001: Removed from a constituent of the Hang Seng Index.
• 2006: Relisted MPIC as an infrastructure company
• 2007: Increased investment in PLDT. Invested in water distribution and hospital through MPIC. Listed Indofood's plantations businesses through IndoAgri. IndoAgri acquired Lonsum
• 2008: First Pacific made its first investments in mining, and in toll roads through MPIC. MPIC increased investment in Maynilad. Indofood added dairy business through the acquisition of Indolakto
• 2010: Invested in Meralco through Beacon Electric, in hospitals through MPIC and in Philex.
• 2015: Together with Wilmar International, acquired Goodman Fielder of Australia and New Zealand for $1.3 billion Australian dollars.

  Businesses

• Goodman Fielder

• Indofood

• Metro Pacific Investments Corporation
• PLDT
• Philex Mining Corporation
• Roxas Holdings Inc.
• First Coconut Manufacturing Inc.

• PacificLight

  Former businesses

• Tech Pacific - sold to Hagemeyer
• Pacific Link - sold to Hong Kong Telecom
• Hibernia Bank - sold to Security Pacific Bank
• First Pacific Bank - sold to Bank of East Asia