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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 issued an announcement.

Sasseur REIT announced a change in the legal representative for its wholly-owned subsidiary in China, Sasseur (Kunming) Investment Consultancy Co., Ltd. The new legal representative is Mr. Cheng Hsing Yuen, replacing Ms. Tan Hong Lye, Cecilia, effective from June 18, 2025. This change is part of the company’s ongoing operational adjustments and may impact its strategic positioning in the Chinese market. The announcement also reminds investors of the inherent risks associated with investing in Sasseur REIT units, emphasizing that the value of units can fluctuate and are not guaranteed by the manager or any affiliates.

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 Singapore. It focuses on managing and investing in real estate properties, particularly in the retail sector, with a significant presence in the People’s Republic of China.

Average Trading Volume: 723,736

Technical Sentiment Signal: Hold

Current Market Cap: S$791M

See more insights into CRPU stock on TipRanks’ Stock Analysis page.

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