<div class=newsTextDataWrapInner><p><strong>HCK Capital Bhd (-ve)</strong></p></div>

<div class=newsTextDataWrapInner><p>The rarely traded shares of HCK (Fundamental: 2.3/3, Valuation: 1.1/3) fell 1.64% to RM3 yesterday.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Approximately 243,500 shares changed hands, compared to its average 200-day volume of 18,360 shares.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Last Thursday, the company reported its 1Q2015 earnings results. Revenue from continuing operations surged 431% y-o-y to RM8.1 million, while profit after tax was RM1.5 million, compared to a loss of RM1.1 million in 1Q2014.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>At end-April, HCK had entered into a share sale agreement to dispose of its industrial machine arm for RM34.48 million. Of the proceeds, RM30 million would be used to fund the acquisition of Equal Straits Sdn Bhd (ESSB), which is owned by Tan Sri Clement Hii and his son.</p></div>

<div class=newsTextDataWrapInner><p>ESSB, in turn, is in the process of acquiring a 12-storey office building in Empire Remix 2 from Mammoth Empire Group. This is an ongoing commercial development in Subang Jaya, with net book value of RM34.79 million at end-2014.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Upon completion of the above-mentioned, HCK will focus on property development and investment.</p></div>

<div class=newsTextDataWrapInner><p><img alt="HCK_fd040615_theedgemarkets" src="http://edgemarkets.s3-ap-southeast-1.amazonaws.com/pictures/HCK_fd040615_theedgemarkets.png" style="height:658px; width:500px" /></p></div>

<div class=newsTextDataWrapInner><p>This article first appeared in <em>The Edge Financial Daily</em>, on June 4, 2015.</p></div>


HCK Capital Bhd (-ve)

The rarely traded shares of HCK (Fundamental: 2.3/3, Valuation: 1.1/3) fell 1.64% to RM3 yesterday. 

Approximately 243,500 shares changed hands, compared to its average 200-day volume of 18,360 shares.

Last Thursday, the co...

Stock With Momentum: HCK Capital

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