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DXG [Reiterate MP +4.3%] - Gia Phu dispute will not derail growth story - Update

The market appears to have recognized that the recent dispute at Gia Phu will not hit DXG’s business prospects. The share price has bounced back strongly from bottom (+21.1% over last 7 days). Fundamentals intact, good vehicle to ride the market recovery. Strengthening mid-term prospects with five new prospective project acquisitions and growing validation of the strategy to transition from conventional brokerage to secondary sales.