abstract:Pacific Century Group (PCG), chaired by Richard Li, is an Asia-based private investment group founded in 1993 with interests in technology, media and telecommunications (TMT), financial services, infrastructure, property and other investments. It operates mainly in the Asia-Pacific region, including Singapore, Hong Kong and Japan.
These strands came together in 1999 in the Cyberport project, a property development disguised as an information-technology initiative, negotiated with the PacificCenturyGroup of Li Ka-shing, the most redoubtable of Hong Kong tycoons.
It is not really eight months old it just looks that way because Mr Li bought a small local firm called Tricom Holdings last May and used it to list the Internet ventures of his existing property conglomerate, the PacificCenturyGroup, which until then was best-known for winning a sweetheart deal from Hong Kong's government to build an industrial park.