Hong Pu Real Estate Development (TPE:2536) plans to sign a NT$1.65 billion finishes and fit-out contract for its "Prelude of Times" residential project in Taoyuan, Taiwan, according to a Thursday Taiwan Exchange filing.
Shares jumped about 8% in Friday's afternoon trade.
The project will be awarded to Kimzoa Construction, and is being developed on land owned by Hong Pu Real Estate Development, it said.