Over the past years, Puration had paid
Last month,
“The total revenue we expected to receive from the partnership with Puration was more than
“Unfortunately, due to factors that were not directly related to our partnership and were beyond our control, such as the new capital market situation that had made it much harder to raise capital, we had to take a step back,” said Wu. “We are happy that we reached an agreement with Puration to purchase the land back.”
Despite that
According to UC Asset’s realtor agent, it has already received inquiries from several potential buyers in the first few days of listing.
A link to the listing can be found as below:
https://www.realtor.com/realestateandhomes-detail/1584-County-Road-613_Farmersville_TX_75442_M97199-56738
About
Disclaimer:
This News Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause our actual results, performance or achievements, or industry results, to differ materially from any these statements. You are cautioned not to place undue reliance on any those forward-looking statements. Except as otherwise required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements after the date of this news release. None of such forward-looking statements should be regarded as a representation by us or any other person that the objectives and plans set forth in this News Release will be achieved or be executed.
For More Information Contact: IR@UCasset.com
Attachments
- UCASU confirms the listing of
Dallas land for$2.25 million - UCASU confirms the listing of
Dallas land for$2.25 million
UCASU confirms the listing of Dallas land for $2.25 million
72-acre land in the metropolitan area of Dallas, Texas .
UCASU confirms the listing of Dallas land for $2.25 million
72-acre land in the metropolitan area of Dallas, Texas .
2022 GlobeNewswire, Inc., source