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Run Long Unit Signs Construction Deals Worth NT$2.8 Billion; Shares Gain 3%

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Run Long Construction (TPE:1808) unit Jin Jyun Construction signed construction contracts worth a combined NT$2.80 billion for two projects in Taiwan, according to a Wednesday Taiwan Exchange filing.

Shares gained about 3% in Thursday's late morning trade.

The contracts include a NT$255.5 million project in Taichung, Taiwan, and a NT$2.54 billion development in Tainan, Taiwan.

The contracts are expected to support its operating income, the filing said.

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