Farglory Land Development Co., Ltd. Acquires Land Located At Banqiao District, New Taipei City
December 28, 2021 at 02:41 am EST
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Farglory Land Development Co., Ltd. acquired land located at Banqiao District, New Taipei City. Date of occurrence of the event is December 28, 2021. Transaction unit amount (e.g. XX square meters, equivalent to XX ping), unit price, and total transaction price: 1,027.59 ping, with total transaction price at TWD 890,000,000. Trading counterparty and its relationship with the Company (if the trading counterparty is a natural person and furthermore is not a related party of the Company, the name of the trading counterparty is not required to be
disclosed): Counterparty to the trade:Natural person. Relationship with the company:No. Where the trading counterparty is a related party, announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary amount of transfer: NA. Appraisal Firm: Zhan-Mao Real Estate Appraisers Firm. Result of appraisal: TWD 914,557,000.
Farglory Land Development Co., LTD. is a Taiwan-based company principally engaged in the property development business. The Company mainly operates its business through two segments: Property Development segment and Property Construction segment. The Property Development segment is mainly engaged in the development, construction and sales of residential buildings, industrial buildings and commercial buildings, the leasing of residential and office buildings, as well as the sales of other properties. The Company mainly operates its business in Taiwan markets.
FARGLORY LAND DEVELOPMENT CO., LTD. 
