TPE:9940

2 stories mentioning TPE:9940Updated 39m ago

Every FINWIRES story that references TPE:9940, newest first.

Sinyi Realty Unit OKs $15 Million Cash Capital Reduction

Sinyi Realty (TPE:9940) unit approved a cash capital reduction of $15 million as part of a group-level capital restructuring plan aimed at optimizing capital allocation.The reduction, carried out through Jiu Xin Estate (Wuxi) and upstream entities, will see funds remitted step-by-step back to the parent group for consolidated use, according to a Monday Taiwan Exchange filing.The capital cut represents about 10.2% of the subsidiary's share capital, with post-reduction capital estimated at $132 million.

TPE:9940

Asia7d ago

Sinyi Realty Unit Emerges 'Best Applicant' for Urban Renewal Project

Sinyi Realty (TPE:9940) unit Sinyi Development emerged as "best applicant" for the Taipei Zhongshan District Changchun Section urban renewal project, according to a Friday Taiwan Exchange filing.The project covers four parcels of land in the Changchun Subdivision area, and was awarded by the Taipei Urban Renewal and Public Housing Agency after a public selection process.The next step will involve contract signing in line with project guidelines, it said.

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