HUA YU LIEN Development, Unit Sign Construction Deal Worth NT$635 Million; Shares Rise 6%

MT Newswires Live11-05

HUA YU LIEN Development (TPE:1436) signed a construction deal with its unit, Hua Ching Construction worth NT$634.5 million, according to a Tuesday Taiwan Exchange filing.

Shares jumped over 6% in Wednesday's midday trade.

The deal is for the second phase of a residential development in Tainan, Taiwan, and covers the remaining construction work following the completion of foundation-related works awarded in May 2024.

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