Private Powerhouse: Hong Fok Corporation Limited (SGX:H30) Stock Dominated by Private Companies
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Hong Fok Corporation Limited (SGX:H30) is a notable player in the real estate sector, with 40% of its shares owned by private companies and 30% by individual investors. This ownership structure allows private companies to significantly influence strategic decisions, potentially leading to long-term growth. While there are risks associated with such concentrated ownership, the potential rewards for individual investors could be substantial, especially with the current share price at S$0.85. This stock presents a promising investment opportunity.
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