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CPDC Shares Surge to Limit Up After Court Overturns Land Seizure Ruling

Process Industries · Chemicals: Major Diversified · economic_daily · 2026-09-17

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Shares of CPDC hit the daily limit after the High Court overturned a seizure order on the Core Pacific City land held by its subsidiary, Ding Yue Development.

What Happened

Legal Breakthrough: CPDC's subsidiary, Ding Yue Development, successfully appealed a court order seizing its Core Pacific City land, with the High Court overturning the original ruling and remanding it to the Taipei District Court for retrial. This development triggered a surge in CPDC's stock price, which hit the daily limit of 8.96 TWD with heavy trading volume.

Development Status: General Manager Chen Ying-jun stated that the company remains committed to selling the land based on a 728% floor area ratio, despite previous setbacks regarding municipal volume incentives. The company is currently working on a revised building design report, which is expected to be submitted for review by the end of September.

Market Sentiment: The court's decision provided a significant boost to investor confidence, resulting in over 120,000 shares traded and a substantial backlog of buy orders at the limit price. Investors are reacting positively to the potential resolution of the legal hurdles surrounding the company's major asset.

Strategic Outlook: CPDC maintains that all future asset disposal activities will strictly adhere to corporate governance standards and relevant regulations. The outcome of the retrial will be a critical factor for the company's future development plans and long-term valuation.

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