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First Pacific Co ( (HK:0142) ) has issued an update.
First Pacific Co has announced the renewal of several continuing connected transactions for its subsidiary, Indofood Group, effective from January 1, 2026. These renewals cover various business segments such as plantations, distribution, flour, noodles, insurance, dairy, and packaging, with new annual caps set for 2026, 2027, and 2028. The announcement also includes a revised annual cap for 2025 for the noodles business. These renewals are significant for maintaining Indofood Group’s operational continuity and financial planning, impacting its market positioning and relationships with substantial shareholders.
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 Co is a Hong Kong-based investment management and holding company with a focus on the consumer food products sector. The company operates primarily through its subsidiary, Indofood Group, which is engaged in various businesses including plantations, distribution, flour, noodles, insurance, dairy, and packaging.
Average Trading Volume: 4,489,127
Technical Sentiment Signal: Buy
Current Market Cap: HK$26.81B
Find detailed analytics on 0142 stock on TipRanks’ Stock Analysis page.