Asia
Sakura Development Buys Two Land Plots for NT$1.2 Billion
Sakura Development (TPE:2539) acquired two plots of land in Taoyuan, Taiwan, for NT$1.18 billion, according to a Friday Taiwan Exchange filing.Shares slid about 2% in Monday's afternoon trade.The properties, covering about 4,230.5 square meters, were bought from a non-related individual.The company plans to develop the site into residential properties for sale.
TPE:2539
