Asia
Market Chatter: Far Eastern Department Stores to Start Trial Operations for Taipei Mall's Largest Area
Far Eastern SOGO, a unit of Far Eastern Department Stores (TPE:2903), is set to start trial operations for the largest area of the Garden City shopping mall in Taipei, Focus Taiwan reported Tuesday, citing the company's president for business operations, Wu Su-yin.The company's shares were up nearly 3% in Wednesday's trade.Area B, also known as Monet Garden, covers about 99,180 square meters and will have more than 560 brands, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
TPE:2903
