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Sasseur Reit's Q4 DPU drops 18.5% to 1.629 S cents

SASSEUR Real Estate Investment Trust (Sasseur Reit), which owns outlet malls in China, posted a 18.5 per cent decline in its distribution per unit (DPU) to 1.629 Singapore cents for the fourth quarter ended Dec 31, 2019, from 1.999 cents a year ago.

This was due to lower income tax...

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