FAR International Holdings Group Co. Ltd. Announces Pre-Sale Contracts for Property Acquisition in Hangzhou

Reuters
Sep 22
FAR International Holdings Group Co. Ltd. Announces Pre-Sale Contracts for Property Acquisition in Hangzhou

FAR International Holdings Group Company Limited has announced a series of new contracts involving the acquisition of properties in Hangzhou, PRC. The company, through its indirect wholly-owned subsidiary, entered into six Pre-sale Contracts, supplemented by a Supplemental Agreement, with Hangzhou Xingyi Property Development Co., Ltd. The total consideration for these acquisitions is RMB52,323,299. The properties are located at Xinming Yueming Mansion in Gongshu District and cover a predicted building area of approximately 41.79 square meters for one of the units. The delivery dates for these properties have been adjusted from December 31, 2026, to March 31, 2026, while other contractual terms remain unchanged.

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