Deutsche Bank today announced its appointment as the successor depositary bank for the Level I American Depositary Receipt (ADR) program of First Pacific Company Limited (First Pacific).
First Pacific is a Hong Kong-based investment management and holding company with operations located in Asia. Its principal business interests relate to Telecommunications, Infrastructure, Consumer Food Products and Natural Resources.*
"We are pleased to have Deutsche Bank manage our American ADR program under our new investor relations impetus and we look forward to reaching out to ADR investors through our partnership with the Bank," said Manuel V. Pangilinan, Managing Director and Chief Executive, First Pacific.
Akbar Poonawala, Head of Global Equity Services at Deutsche Bank, said, “We are delighted to be selected as successor depositary bank for this notable program. We look forward to working with First Pacific to enhance its ADR investor relations and to develop the program further.”
*Source: First Pacific Company Limited (March 2012)
About Deutsche Bank
Deutsche Bank is a leading global investment bank with a substantial private clients franchise. Its businesses are mutually reinforcing. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With more than 100,000 employees in 72 countries, Deutsche Bank competes to be the leading global provider of financial solutions, creating lasting value for its clients, shareholders, people and the communities in which it operates.
Trust & Securities Services
Deutsche Bank’s Trust & Securities Services business, part of Global Transaction Banking, is one of the leading providers of trustee, agent, depositary, registrar, SPV management and related services for a wide range of financial structures and transactions. It is a leading depositary for American and Global Depositary Receipts, providing value-added services to companies raising capital in international markets or listing on the New York, NASDAQ, London, Luxembourg, Singapore or NASDAQ Dubai stock exchanges by means of depositary receipts. It also offers both mutual and alternative fund administration and provides securities custody, clearing and agency lending services from a global network spanning more than 30 markets. Additional details are available on
This announcement appears as a matter of record only. This announcement has been approved and/or communicated by Deutsche Bank AG New York.