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Thursday, March 17, 2016

Hong Fok, secretly moving

Hong Fok's a very quiet stock that no investor will notice. It is a property company and owns The Concourse as its biggest assets. Its net asset value stood at $2.36 while it is currently trading at $0.79.

Directors in the company is actively buying back Hong Fok shares and recently, it announced plans to issue 1 bonus share for every 10 shares owned.

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