PACIFIC CENTURY GROUP

Pacific Century Group (PCG) is an Asia-based private investment group established in 1993 with interests
across three core business pillars – Technology, Media & Telecommunications (TMT), Financial Services and
Property. PCG has demonstrated a strong track record of successful investing, and has created a long-term
sustainable network in Asia and across its core business pillars.

FINANCIAL SERVICES

www.fwd.com
FWD Group
FWD Group spans Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore, Vietnam, Japan and
Malaysia, offering life and medical insurance, general insurance, employee benefits, Shariah and Family
Takaful products across a number of its markets.
FWD is focused on creating fresh customer experiences, with easy-to-understand products, supported by digital
technology. Through this customer-led approach, FWD aims to become a leading pan-Asian insurer that
changes the way people feel about insurance.
Established in Asia in 2013, FWD is the insurance business of investment group, Pacific Century Group.
For more information please visit www.fwd.com

www.bolttech.io
bolttech
bolttech is an international digital protection and insurance business with a vision to connect people with more
ways to protect the things they value. bolttech’s unique model integrates four insurtech capabilities into one
ecosystem, including device protection, digital brokerage, technology services, and digital general insurance.
Part of Asia-based Pacific Century Group, bolttech launched in Asia in 2020 and is present across Asia, North
America and Europe, including in Austria, Hong Kong, India, Indonesia, Italy, Malaysia, the Philippines,
Singapore, Taiwan, Thailand, Vietnam, and the United States.
www.pinebridge.com
PineBridge Investments
PineBridge Investments is a private, global asset manager focused on active, high-conviction investing. The
firm draws on the collective power of our experts in each discipline, market, and region of the world through an
open culture of collaboration designed to identify the best ideas. PineBridge Investments’ mission is to exceed
clients’ expectations on every level, every day. As of 30 June 2020, the firm managed US$104.4 billion across
global asset classes for sophisticated investors around the world.

TECHNOLOGY, MEDIA AND TELECOMMUNICATIONS

www.pccw.com
PCCW
PCCW (SEHK: 0008): PCCW Limited mainly comprises a media business and an enterprise IT solutions
business. PCCW Media is a fully integrated multimedia and entertainment group in Hong Kong, and operates
the largest local pay-TV operation, now TV. It is engaged in the provision of over-the-top (OTT) video service
under the Viu brand in Hong Kong and other places in the region.
PCCW Solutions is a leading information technology outsourcing and business process outsourcing provider in
Hong Kong and mainland China. Its service offering includes software solutions, IT and business process
outsourcing, cloud computing, data centres, e-commerce and IoT solutions to name a few.
PCCW Limited holds a majority interest in the HKT Trust and HKT Limited, as well as in Pacific Century
Premium Developments Limited.

www.hkt.com
HKT (SEHK: 6823): HKT is Hong Kong’s premier telecommunications service provider, and aims to meet the
needs of the Hong Kong public and local and international businesses with a wide range of services including
local telephony, local data and broadband, international telecommunications, mobile, and other
telecommunications businesses.  Together with the highly successful media business of its parent company,
 PCCW Limited, HKT offers a unique quadruple-play experience delivering innovative media content and
services on its fixed-line, broadband Internet access and mobile platforms.
PROPERTY

www.pcpd.com
Pacific Century Premium Developments
Pacific Century Premium Developments (PCPD; SEHK: 432) is principally engaged in the development and
management of premium-grade property and infrastructure projects, as well as premium-grade property
investments.

MILESTONES

2020

HKT launched 5G in Hong Kong

HKT introduced true 5G service in Hong Kong and brought a differentiated 5G experience to customers.
HKT was the first mobile operator in Hong Kong to introduce true 5G.

2020

Launch of bolttech
Sister company of FWD, a new international digital protection and insurance business with four key
capabilities: device protection, digital brokerage, technology services, and digital general insurance.

2019

FWD completes the largest insurance deal in Southeast Asia

FWD Group completes its acquisition of SCB Life Assurance, the life insurance business of Thailand’s
Siam Commercial Bank, for 92.7 billion Thai baht (US$3 billion), reflecting the largest insurance deal in
Southeast Asia in terms of value.

2019

PCCW / HKT receives virtual banking license

Standard Chartered, PCCW, HKT and Ctrip established a strategic joint venture to deliver a new standalone
digital retail bank in Hong Kong. The joint venture will be conducted under a new entity, which was
granted a licence to operate a virtual bank in Hong Kong by the Hong Kong Monetary Authority.
2019

FWD continues regional expansion with Malaysia acquisition

FWD expanded its business into Malaysia after acquiring a 49% stake in HSBC’s Amanah Takaful
(Malaysia).

2017

FWD entered Japan insurance market

FWD announced the acquisition completion of AIG Fuji Life Insurance Company.

2016
PCCW launched free-TV Viu in Hong Kong

PCCW Media launched its first free TV channel in Hong Kong, ViuTV 99, in April 2016.

2015

PCCW acquired VuClip and launches Viu

PCCW Media acquired VuClip, a leader in mobile video for emerging markets and launched Viu in March
2015. Viu’s over-the-top (OTT) multi-screen video service was launched in October 2015 in Hong Kong
and extended to 17 markets in 2019.

2014

HKT acquired CSL

HKT completed its acquisition of CSL New World Mobility in May 2014, and became the largest wireless
service provider in Hong Kong.
2013

Formation of FWD Group

PCG acquired insurance company ING Group N.V.’s Hong Kong, Macau and Thailand insurance business
and rebranded it to FWD. FWD is focused on creating fresh customer experiences, with easy-to-understand
products, supported by digital technology. Through this customer-led approach, FWD aims to become a
leading pan-Asian insurer that changes the way people feel about insurance.

2010

Formation of PineBridge Investments

PCG acquired the asset management business of American International Group, Inc., and renamed it to
PineBridge Investments. As of 31 December 2019, PineBridge manages US$101.3 billion  through its
global network.
2002

Launch of nowTV

Richard Li launched via PCCW the world’s first major IPTV service, nowTV. Today it is the world’s
largest commercial deployment, accounting for a fifth of all IPTV subscribers worldwide. nowTV provides
nearly 200 channels and is the largest pay-TV operator in Hong Kong.

2002

Development of HKSAR Smart Identity Card System

PCCW’s IT service business, PCCW Solutions, won the contract from the Hong Kong government to
develop Smart Identity Card System in 2002. The System won multiple international recognition and
awards, and has been widely adopted by Hong Kong citizens.

2000

Formation of PCCW

PCCW acquired Cable & Wireless HKT, formerly known as The Hong Kong Telephone Company Ltd.,
and formed the company with businesses in telecommunications, media, IT solutions, property development
and investment, and other businesses.
1999

Creation of Cyberport

Richard Li developed Cyberport to raise awareness of technology’s role in Hong Kong’s economy. Today,
it is home to 60 commercial organizations including Microsoft and IBM, as well as more than 25 start-ups.

1996

PCCW established

Pacific Century CyberWorks (PCCW) is founded, and was later renamed to PCCW Limited.

1993

Founded Pacific Century Group

Using proceeds from the sale of STAR TV, Richard sets up his own Asia-based private investment group,
Pacific Century Group (PCG).   Today, PCG’s main investments stem across three core pillars in financial
services, technology, media & telecommunications and property. PCG operations currently span across the
globe but is primarily based in the Asia-Pacific region including Singapore, Hong Kong and Japan.