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Singapore companies in China experiencing limited fallout

Published Wed, Jan 29, 2020 · 09:50 PM

Singapore

A NUMBER of Singapore listed companies have started to assess the impact of the Wuhan virus outbreak on their operations in Greater China, although most are seeing limited fallout thus far.

While Koufu Group saw its operations in Macau taking a hit on the back of reduced visitors there, executive chairman and chief executive officer of Koufu Group, Pang Lim told The Business Times that its portfolio in Macau makes up less than 10 per cent of the group's revenue. Furthermore, its operations in Singapore has not been affected.

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