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First Pacific Adjusts Record Date for Maynilad Spin-Off on Philippine Stock Exchange

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First Pacific Adjusts Record Date for Maynilad Spin-Off on Philippine Stock Exchange

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The latest update is out from First Pacific Co ( (HK:0142) ).

First Pacific Company Limited has announced a change in the record date for the spin-off and separate listing of its Philippine affiliate, Maynilad Water Services, Inc., on the Philippine Stock Exchange. The new record date for shareholders to qualify for the Assured Entitlement is set for December 18, 2025. This adjustment allows shareholders to align their holdings accordingly and reflects the company’s strategic move to enhance its market presence in the water services sector, potentially impacting its operational focus and stakeholder interests.

The most recent analyst rating on (HK:0142) stock is a Buy with a HK$7.00 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 primarily in consumer food products, infrastructure, natural resources, and telecommunications. The company operates across various markets in Asia, focusing on long-term investments in these sectors.

Average Trading Volume: 4,399,866

Technical Sentiment Signal: Buy

Current Market Cap: HK$26.39B

For an in-depth examination of 0142 stock, go to TipRanks’ Overview page.

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