** Shares of conglomerate First Pacific 0142.HK climb 2.7% to HK$4.95, on course for the biggest one-day pct gain since March 11
** First Pacific said on Monday its Philippine affiliate Maynilad Water Services aims to raise up to 49.15 bln pesos ($858.50 mln) through an initial public offering
** If approved, First Pacific said the listing would take place on July 10, with the offer period running from June 25 to July 2
** Maynilad is the largest private water concessionaire in the Philippines in terms of customer base
** The Hang Seng Commerce & Industry Index .HSNC adds 0.9%, Hang Seng Index .HSI rises 1.3%
** Stock up 6.9% YTD
($1 = 57.2510 Philippine pesos)
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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