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San-Yuan Construction to Sell Dunbei Great Wall Building to Raise NT$110 Million for Debt Repayment

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To repay NT$100 million in corporate bond principal and NT$10.8 million in interest due on May 27, San-Yuan Construction plans to sell its "Dunbei Great Wall" investment property. With only about NT$2 million in available funds, Chairman Wang Ya-lin stated the sale is expected to secure the necessary NT$110.8 million by May 25, expressing high confidence in the plan.

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