FPAFF - First Pacific Company Limited

First Pacific Company Limited

Two Exchange Square
24th Floor 8 Connaught Place
Central
Hong Kong
852 2842 4388
https://www.firstpacific.com

Sector(s): Consumer Defensive
Industry: Packaged Foods
Full-time employees: 101,203

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Manuel Velez Pangilinan	CEO, MD & Exec. Director	9.57M	N/A	1946
Mr. Christopher Huxley Young	Exec. Director	4.54M	N/A	1957
Mr. Hon Pong Ng	CFO & Associate Director	N/A	N/A	1963
Mr. John W. Ryan	Chief Investor Relations and Sustainability & Associate Director	N/A	N/A	1965
Ms. Wing Man Chiu	EVP, Company Sec. & Gen. Counsel	N/A	N/A	1982
Ms. S. K. Cheung	VP of Group Corp. Communications	N/A	N/A	1964
Mr. Stanley H. Yang	Exec. VP & Head of Group Corp. Devel.	N/A	N/A	1977
Mr. T. H. Lin	Exec. VP of Group Treasury & Tax and Group HR	N/A	N/A	1970
Mr. Ping Cheung Chan	Exec. VP & Group Financial Controller	N/A	N/A	1970
Ms. W. Y. Lau	VP & Company Secretariat	N/A	N/A	1968

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

First Pacific Company Limited, an investment holding company, engages in the consumer food products, telecommunications, infrastructure, and natural resources businesses in the Philippines, Indonesia, Singapore, the Middle East, Africa, and internationally. The company offers a range of telecommunications and digital services, including fiber optic backbone, and fixed line and mobile networks. It also manufactures and distributes a range of food products, including noodles, dairy products, snack foods, food seasonings, nutrition and special foods, beverages, wheat flour, and pasta; breeds seeds; cultivates oil palm, rubber, sugar cane, and other crops; and offers cooking oils, margarines, and shortenings. In addition, the company explores for, mines, and produces gold, copper, and silver; and produces sugar and bioethanol. Further, it is involved in the operation of gas-fired power plant; provision of water distribution, sewerage, and sanitation services; and operation of toll roads, hospitals, and rail lines, as well as provision of logistics services. Additionally, the company engages in distribution of renewable energy related activities. First Pacific Company Limited was founded in 1981 and is headquartered in Central, Hong Kong.

Corporate governance

First Pacific Company Limited’s ISS governance QualityScore as of 1 June 2023 is 3. The pillar scores are Audit: 2; Board: 4; Shareholder rights: 5; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.