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Hong Fok Last:0.92

-0.01

Technical Analysis-Seasonal Trend

Still waiting...got chance.....

kt3152 ( Date: 18-Jul-2025 09:33) Posted:

Waiting for it to break 845....

Invaluable information. Most kind of you

Thank you

genevalee ( Date: 18-Jul-2025 15:08) Posted:

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Waiting for it to break 845....

another high likelihood of low ball take over counter....

The greedy shareholders and relatives are sitting tight to collect their yearly pay and holdong out for much lower prices.

bechaotic ( Date: 15-Jul-2025 10:29) Posted:

If only the major shareholders can think like you, then can huat ah!!!

genevalee ( Date: 10-Jul-2025 16:18) Posted:

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If only the major shareholders can think like you, then can huat ah!!!

genevalee ( Date: 10-Jul-2025 16:18) Posted:

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Privatise is coming......

genevalee ( Date: 10-Jul-2025 16:18) Posted:

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wait and wait and wait.

This blood sucking family continues to drain the cash resources by paying themselves hefty salaries to themselves

Almost not active but still need 2 Joint CEOs. The IDs are fast asleep.

Then Capitaland and Keppel each would need 5-10 Joint CEOs.

genevalee ( Date: 10-Jul-2025 15:33) Posted:

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One mouth 164k at 0.785, anyone want to come here make up story again?

Isn' t she at such discount to NTA is a

a Good Value t
to discounted Assets Valuatuin.

or thee 3rd Gen* all No Mathematics Knowledg ?

cheap Cheap Very cheap for a Privatisation Fortune Windfall

Omg

Bought some yesterday...interest increasing...high 82

Thanks for the updates.

Joelton ( Date: 05-Dec-2024 11:26) Posted:

Hong Fok acquires five units at International Building for S$27.8 million

The group now owns all units of the commercial building in Orchard Road

PROPERTY developer Hong Fok Corporation : H30 0%, through its wholly owned subsidiary Super Homes, has acquired five ground-floor units at International Building for S$27.8 million.

With the acquisition, Hong Fok now owns all units in the 12-storey commercial development, as well as the location and potential of the properties, it said in a bourse filing on Wednesday (Dec 4).

The group said the five units were bought from two third-party vendors on a 999-year lease which started on Jan 1, 1971.

The total price tag of S$27.8 million was arrived at on a willing-buyer and willing-seller basis after considering various commercial factors, said Hong Fok. This includes the fact that its subsidiary, Yat Yuen Hong Company, owns a full stake in the freehold lot on which International Building stands.

Located at Orchard Road, the building spans a site area of 5,056.9 square metres (sq m) with a gross floor area of 31,182.38 sq m. It is an office building with two levels of retail space.

An aggregate sum representing 1 per cent of the purchase consideration, or around S$278,000 with goods and services tax where applicable, has been paid to the two sellers.

Another 5 per cent of the sum, excluding the option money of about S$1.1 million, was paid on Wednesday upon the exercise of the options. This amount will be held by the sellers&rsquo solicitors until the completion of the acquisition, which is expected to take place in February 2025, said Hong Fok.

Upon completion of the acquisition, which will be subject to various legal requirements, the remaining 95 per cent of the price, or S$26.4 million, will be paid to both sellers.

The acquisition will be funded through both internal resources and external borrowings, said the property developer. It does not expect the proposed acquisition to have any material impact on the net tangible assets and earnings per share of the company and group for the current financial year ending Dec 31, 2024.