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One of the more intriguing corporate actions is playing out in a lesser-known part of serial risk-taker Christo Wiese’s investment universe — low-key property group Tradehold.

Tradehold last month proposed selling its UK property interests and paying a fat special dividend, which has sent its thinly traded shares up about 23%. But there could be more price gains on the cards if new-look Tradehold’s value proposition is unpacked...

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