Pacific Century Premium Developments Limited (PCPD) is majority-owned by PCCW and is listed on the Stock Exchange of Hong Kong. PCPD is mainly engaged in developing and managing premium property and infrastructure projects, and investing in premium-grade buildings in the Asia-Pacific region, including resort development in Hokkaido, Japan and Phang-nga, Thailand and a major office building in Jakarta, Indonesia.

PCPD also provides property management services for various kinds of premises.

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