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                    [ArticleID] => 165413
                    [Title] => Investors worried over FPC’s strategic direction
                    [Summary] => Investors have raised long-term concerns as to the uncertainty of Hong Kong-based First Pacific Co. Ltd. (FPC)’s strategic direction, following the proposed disposal of two of its largest investments in the region – the Philippine Long Distance Telephone Co. (PLDT) and Bonifacio Land Corp. (BLC).


In an analysis of FPC’s performance, international financial powerhouse Goldman Sachs noted that First Pacific’s strategic direction is highly uncertain and that the market  is likely to view the company more as a pure investment holding conglomerate.


                    [DatePublished] => 2002-06-21 00:00:00
                    [ColumnID] => 133272
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GLOBAL EQUITY RESEARCH

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                    [ArticleID] => 165413
                    [Title] => Investors worried over FPC’s strategic direction
                    [Summary] => Investors have raised long-term concerns as to the uncertainty of Hong Kong-based First Pacific Co. Ltd. (FPC)’s strategic direction, following the proposed disposal of two of its largest investments in the region – the Philippine Long Distance Telephone Co. (PLDT) and Bonifacio Land Corp. (BLC).


In an analysis of FPC’s performance, international financial powerhouse Goldman Sachs noted that First Pacific’s strategic direction is highly uncertain and that the market  is likely to view the company more as a pure investment holding conglomerate.


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abtest

Investors worried over FPC’s strategic direction

June 21, 2002 - 12:00am

Investors have raised long-term concerns as to the uncertainty of Hong Kong-based First Pacific Co. Ltd. (FPC)’s strategic direction, following the proposed disposal of two of its largest investments in the...

Business