Yi Jinn Industrial Co., Ltd., Kwang Ming Silk Mill Co., Ltd., Daejeon International Development Co., Ltd. and Farglory Land Development Co., Ltd. Enter into Joint Venture Contract
January 29, 2019 at 02:38 am EST
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Yi Jinn Industrial Co., Ltd., Kwang Ming Silk Mill Co., Ltd., Daejeon International Development Co., Ltd. and Farglory Land Development CO., LTD. entered into joint venture contract on January 29, 2019. Slip ratio for overall JV contract, 64% to landlord, 36% to developer. Total estimated construction costs amount to TWD 1,560 million.
Farglory Land Development Co., LTD. is a Taiwan-based company principally engaged in the property development business. The Company mainly operates its business through two segments: Property Development segment and Property Construction segment. The Property Development segment is mainly engaged in the development, construction and sales of residential buildings, industrial buildings and commercial buildings, the leasing of residential and office buildings, as well as the sales of other properties. The Company mainly operates its business in Taiwan markets.
Yi Jinn Industrial Co., Ltd., Kwang Ming Silk Mill Co., Ltd., Daejeon International Development Co., Ltd. and Farglory Land Development Co., Ltd. Enter into Joint Venture Contract
FARGLORY LAND DEVELOPMENT CO., LTD. 
