Century Pacific Food to debut on FTSE Global Equity Index
Century Pacific Food Inc., the country’s largest canned food manufacturer, will debut on the FTSE Global Equity Index next week.
In a disclosure to the stock exchange, Century Pacific Food said it will be included in the FTSE Index’s Small Cap and AllCap categories on March 20, 2017. The FTSE Global Equity Index tracks 7,400 securities in 47 countries that serves as a benchmark to measure the performance of investments.
“We will continue to share our investment story as we believe that the Philippine growth story remains alive and well,” Century Pacific Food CFO Oscar Pobre said. “Even as we face a more challenging environment this year, we remain positive on our Company’s long-term prospects.”
Century Pacific Food debuted on the MSCI Philippine Small Cap Index just last May 31. The company said its inclusion in the FTSE Global Equity Index index is a result of a semi-annual review.