Stocks to watch: CapitaLand, Dasin Retail, Straco, Sasseur Reit, Medtecs, AsiaMedic

THE following companies saw new developments that may affect trading of their securities on Wednesday:It has closed six malls in China - four in Wuhan and two in Xian - as required by local governments following the outbreak of the Wuhan virus, the property giant said on Wednesday morning.

CapitaLand's remaining 45 malls in China will continue to operate with shorter hours, while its office properties will be closed until Feb 9, 2020. Shares of CapitaLand fell S$0.19 or 4.9 per cent to S$3.70 at Tuesday’s close.The property trust has shortened business hours at its five malls in China as part of precautionary measures in view of the coronavirus outbreak and to"minimise contagious risk due to crowd gatherings", it said on Tuesday night.

Source: News Formal (newsformal.com)

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