ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
First Pacific CEO and Managing Director Manuel V. Pangilinan, left, and Chairman Anthoni Salim. Investors are urging the executives to dispose of underperforming assets and buy back shares.
Company in focus

Investors press Indonesian conglomerate Salim's holding company to sell assets

As stock price discount widens over 50%, First Pacific struggles to rationalize

KENJI KAWASE, Nikkei Asian Review chief business news correspondent

HONG KONG/TOKYO -- From consumer goods to telecommunications and infrastructure to natural resources, Indonesia's Salim Group has demonstrated its dominant and influential position in Southeast Asia. In addition to its origin in Indonesia and its solid base in the Philippines, the conglomerate's businesses span across one of the fastest growing regions in the world.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more