225:("PCI") in 1994. PCI was listed on the stock exchange of Hong Kong in 1999. By 2007, PCI was the sixth largest life insurer in Hong Kong, including PCI Investment Management Between 2000 and 2007 this company's assets increased seven-fold and the firm received numerous awards from Standard & Poor's, as well as Lipper. Having grown the business in Hong Kong into a public company with a strong agency force and sound financial performance, there were limited opportunities for expansion in Asia at that time. In 2007, PCI was sold to
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252:(ING). PCG has said that these acquisitions are the first step in its plan to develop a world class pan-Asian insurance business to capitalise on the long-term potential of the insurance sector. The total cash consideration of the acquisition was US$ 2.14 billion (EUR 1.64 billion).
168:, is an Asia-based private investment group founded in 1993 with interests in technology, media and telecommunications, financial services, infrastructure, property and other investments. It operates mainly in the Asia-Pacific region, including Singapore, Hong Kong and Japan.
220:
PCG has a strong track record of holding and developing assets over the long term, and has a network of well-established connections in Asia. Its first foray into financial services came from the acquisition of
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191:
Richard Li first became interested in the TMT space in 1989 when he foresaw the opportunity for the creative development of information and home entertainment services in Asia and set-up
255:
In
September 2020, FWD Group, the insurance arm of Pacific Century Group entered into a strategic partnership with IPP Financial Advisers to develop life insurance products.
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241:'s asset management operations, AIG Investments, in 2010, and renamed it PineBridge Investments after restructuring.
377:"White & Case Advises Pacific Century Group on Closing of AIG Investment Advisory and Asset Management Purchase"
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to better position the business for the next phase of growth as part of a broader international platform.
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in 2 tranches for around US$ 1.0 billion, achieving a return of 9x over 3 years, and went on to form PCG.
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588:"ING Groep NV Completes Sale of Insurance Units in Hong Kong, Macau, Thailand"
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In
February 2013, PCG announced the acquisition of the Hong Kong, Macau and
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491:"Fortis to acquire a majority stake in Pacific Century Insurance ("PCI")"
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had a viewer base of 45 million. In 1993, Richard Li sold STAR TV to
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363:"PineBridge Investments' Sale to Pacific Century Group Complete"
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PineBridge
Investments' Sale to Pacific Century Group Complete
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195:, Asia's first satellite-delivered cable-TV service. By 1993
639:
144:
521:"S&P Assigns 'Bpi' Rating to Pacifc Century Insurance"
461:"Rupert Murdoch's Chinese dreams never became a reality"
550:"Fortis aims to buy Pacific Century Insurance -source"
442:"THE MEDIA BUSINESS; Star TV Extends Murdoch's Reach"
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610:"FWD Acquires Stake in Financial Planning Company"
344:– sold in 2007 (renamed FTLife Insurance Company)
929:Financial services companies established in 1993
506:"Pacific Century Insurance performs well in Q3"
427:"Richard Li : Asserting his place in life"
536:"ING Life Insurance Company (Bermuda) Limited"
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18:
594:. Reuters. 28 February 2013. Archived from
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476:"Interview with Richard Li of Hong Kong"
474:Christopher W. Runckel (December 1999).
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290:(15% owned by PCCW; 10% owned by HKT)
7:
891:
878:Pacific Century Premium Developments
294:Pacific Century Premium Developments
264:Current Subsidiaries and Investments
181:Pacific Century Premium Developments
336:Former Subsidiaries and Investments
379:. White & Case. 29 March 2010.
14:
924:1993 establishments in Hong Kong
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440:Philip Shenon (23 August 1993).
24:
519:PR/Newswire (27 October 1999).
395:, International: SCMP.com, 2012
392:PCCW stock becomes value number
425:Catherine Ong (24 July 1994).
410:. Telecom Asia. Archived from
406:Telecom Asia (November 2007).
1:
556:. Reuters. 28 February 2007.
459:Juliana Liu (20 July 2011).
824:HK Television Entertainment
478:. Runckel & Associates.
361:Bloomberg (29 March 2010).
304:HK Television Entertainment
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248:insurance businesses from
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689:
342:Pacific Century Insurance
223:Pacific Century Insurance
171:PCG's main subsidiary is
23:
715:HKT (Hong Kong Telecom)
504:PCI (8 November 2004).
489:Fortis (1 March 2007).
233:Subsequent Acquisitions
183:among other companies.
177:Hong Kong Telecom (HKT)
857:PineBridge Investments
811:Gateway Communications
762:HKT Interactive Media
330:PineBridge Investments
123:PineBridge Investments
74:; 30 years ago
919:Pacific Century Group
873:Lenovo PCCW Solutions
799:Sunday Communications
727:(csl, 1O1O, Club SIM)
683:Pacific Century Group
534:ING (25 March 2013).
158:Pacific Century Group
19:Pacific Century Group
741:HKT Payment Limited
60:Property investment
20:
845:Financial Services
616:. 8 September 2020
55:Telecommunications
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283:Hong Kong Telecom
216:First Acquisition
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618:. Retrieved
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365:. Bloomberg.
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211:Acquisitions
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110:Subsidiaries
97:Headquarters
79:October 1993
72:October 1993
33:Company type
15:
804:PCCW Mobile
752:PCCW Global
620:8 September
614:finews.asia
913:Categories
731:SUN Mobile
725:CSL Mobile
720:Netvigator
408:"News Map"
349:References
299:PCCW Media
187:Background
166:Richard Li
147:.pcg-group
91:Richard Li
852:FWD Group
772:PCCW OTT
574:Bloomberg
493:. Fortis.
273:FWD Group
128:FWD Group
102:Hong Kong
50:Financial
836:ViuTVsix
747:The Club
314:ViuTVsix
288:Mox Bank
269:Bolttech
246:Thailand
132:Bolttech
43:Industry
897:Commons
792:Defunct
592:Reuters
554:Reuters
197:STAR TV
193:STAR TV
140:Website
87:Founder
77: (
69:Founded
37:Private
866:Others
766:Now TV
708:Active
576:, 2010
538:. ING.
508:. PCI.
463:. BBC.
259:Brands
227:Fortis
831:ViuTV
759:(50%)
757:Reach
309:ViuTV
781:MOOV
622:2020
278:PCCW
179:and
173:PCCW
149:.com
118:PCCW
776:Viu
736:PPS
700:HKT
239:AIG
203:'s
162:PCG
145:www
915::
612:.
590:.
552:.
444:.
675:e
668:t
661:v
624:.
448:.
160:(
81:)
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