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Far Eastern New Century to Sell Property for NT$303 Million

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Far Eastern Construction, a subsidiary of Far Eastern New Century (TPE:1402), will sell buildings and parking spaces in Eco Park A+, a residential site in New Taipei City, for NT$303 million.

The transaction involves the sale of eight residential units and 10 parking spaces to affiliate parties, according to a Friday filing to the Taiwan Stock Exchange.

The gains from the disposal are estimated at around NT$71.5 million.

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