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Sasseur REIT Announces Change in Legal Representation for Chinese Subsidiary

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Sasseur REIT Announces Change in Legal Representation for Chinese Subsidiary

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Sasseur Real Estate Investment Trust ( (SG:CRPU) ) has provided an announcement.

Sasseur Real Estate Investment Trust has announced a change in the legal representative for its wholly-owned subsidiary, Chongqing Sasseur Suge Apparel Joint Stock Co., Ltd., in China. The new legal representative is Mr. Cheng Hsing Yuen, effective from June 3, 2025. This change has been officially registered with the relevant authorities, potentially impacting the company’s operations and governance in the Chinese market.

The most recent analyst rating on (SG:CRPU) stock is a Buy with a S$0.85 price target. To see the full list of analyst forecasts on Sasseur Real Estate Investment Trust stock, see the SG:CRPU Stock Forecast page.

More about Sasseur Real Estate Investment Trust

Sasseur Real Estate Investment Trust (Sasseur REIT) is a real estate investment trust established under the laws of the Republic of Singapore. It focuses on managing retail outlet malls, primarily in the People’s Republic of China, through its subsidiaries.

Average Trading Volume: 770,872

Technical Sentiment Signal: Hold

Current Market Cap: S$791M

For a thorough assessment of CRPU stock, go to TipRanks’ Stock Analysis page.

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