UNITS of Sasseur Real Estate Investment Trust tumbled on Tuesday morning after its manager announced it has temporarily closed the trust’s four outlet malls in China.
The counter had fallen nine Singapore cents or 10.3 per cent to 78.5 cents as at 11.40am, with some eight million units changing hands. Earlier in the day, the units had sunk to 77.5 cents, a decline of 10 cents or 11.4 per cent from Friday’s closing price, at around 9.16am.
Source: News Formal (newsformal.com)
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