Farglory Land Development Co., Ltd. announced the expansion of the "Taipei City Child's Benefit A2 Government-led Urban Regeneration Project" on December 26, 2025. The contract type is urban renewal, with the counterparty being the National Housing and Urban Regeneration Center, a non-related party. The major content of the contract includes 35 land parcels in Yaxiang Section 1, Xinyi District, Taipei City, covering a base area of 4,216m² (1,275.34 ping).
The estimated amount of participation is about NTD 4.2 billion. The professional appraisal firms involved are Home Ban Appraisers Joint Firm and Shenggeng Real Estate Appraiser Firm, with joint burden ratios ranging from approximately 35.13% to 35.64%. The concrete purpose of the acquisition is for the construction project to enlarge revenue.
There were no dissenting opinions from directors, and the counterparty is not a related party.
