Company Watch
Undervalued Hong Fok a stock to consider for the long term
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Hong Fok's properties include The Concourse commercial tower in Beach Road (left) and International Building in Orchard Road.
PHOTOS: HONG FOK
SINGAPORE - Would you pay $1 for an asset worth $4? Of course you would.
The folks at listed property group Hong Fok Corporation have been doing precisely this, perfectly legitimately and for good reason.