Continental Development Corp News Today

Bringing Taiwan to the World and the World to Taiwan

Bringing Taiwan to the World and the World to Taiwan

Commentary VENICE, Calif.—Over the last few weeks, my mailbox has been inundated with campaign mailers for our local ...

Continental Holdings Corp (CHC, 欣陸投控) yesterday said property sales now take longer as buyers have turned cautious amid monetary tightening and economic uncertainty. The conglomerate made the comment after reporting record-high net profit of NT$2.18 billion (US$72.69 million) for the first half of this year, up 171 percent from the same period last year. The results translated into earnings per share of NT$2.65, also a new high for the same period, CHC said. Consolidated revenue totaled ...

Taiwan’s major developers remain positive about their business prospects this year, even though an ongoing COVID-19 outbreak and unfavorable policy measures are dampening buying interest. Continental Development Corp (CDC, 大陸建設), the property development arm of Continental Holdings Corp (欣陸投控), on Wednesday said that it is planning to go ahead with development projects and land hunting, as it is seeking to support earnings in the next few years. “The ongoing virus outbreak wi...

California couple makes $25 million donation to McPherson College to mark the largest gift in Kansas history to a small, liberal arts college.

Private college looks to restrict gender expression in Tennessee, pothole claims mostly sink in Indiana, and more

A California couple well-known for their philanthropy has donated $25 million to McPherson College, the largest gift in the college's 135-year history.

Two SoCal shopping centers trade hands as part of a larger, mainly grocery-anchored portfolio sale, plus more of the week's top LA-area deals.

Continental Holdings Corp (CHC, 欣陸投控) yesterday said it would consider selling its stakes in four hotels in Taiwan and abroad, but would not accept low-ball offers when offloading investments. The Taipei-based conglomerate owns the site of the newly launched Humble Boutique Hotel (寒居酒店) in Taipei’s Zhongshan District (中山) and 55 percent stakes in both the Capri by Fraser2 in Kuala Lumpur and the upcoming Line Hotel in San Francisco. It also controls a 35 percent stake in Ho...