Pan Hong

taken from valuebuddies..

Pan Hong owns 900m shares of HK listed Sino Harbour Property. At current price of HK1.22, its worth about HKD 1.1b (approx. SGD 190m)..

Pan Hong has 513m shares outstanding, so that stake is already worth SGD 0.37, compared to its current market price of SGD 0.183.

Company also has properties in Zhejiang which is owned solely by the parent company. Amazing how stocks are valued in SG compared to HK.

(Vested)