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The latest update is out from First Pacific Co ( (HK:0142) ).
First Pacific Company Limited has announced the pricing of shares for its affiliate, Maynilad Water Services, Inc., ahead of its proposed spin-off and separate listing on the Philippine Stock Exchange. The share price has been set at PHP15, with the offer period scheduled from October 23 to October 29, 2025, and trading expected to commence on November 7, 2025. The announcement outlines the structure of the offer shares, including firm shares, reserved shares, over-allotment option shares, and upsize option shares. However, the company cautions that there is no assurance the spin-off and listing will proceed, advising shareholders and potential investors to exercise caution.
The most recent analyst rating on (HK:0142) stock is a Buy with a HK$7.50 price target. To see the full list of analyst forecasts on First Pacific Co stock, see the HK:0142 Stock Forecast page.
More about First Pacific Co
First Pacific Company Limited is a Hong Kong-based investment management and holding company with interests in consumer food products, infrastructure, natural resources, and telecommunications. The company operates primarily in Asia, focusing on markets such as the Philippines and Indonesia.
YTD Price Performance: 46.63%
Average Trading Volume: 4,508,466
Technical Sentiment Signal: Buy
Current Market Cap: HK$26.94B
Learn more about 0142 stock on TipRanks’ Stock Analysis page.