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Sasseur Reit drops 10.3% after closures at China malls to guard against virus

Financial impact, if any, should not be material if crisis is resolved in the short term, says manager

Singapore

UNITS of Sasseur Real Estate Investment Trust (Sasseur Reit) units sank on Tuesday after its manager announced that it has temporarily closed the trust's four outlet malls in China.

The counter ended at 78.5 Singapore cents, down 9 cents or 10.3 per cent, after some 13.5...

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