tiprankstipranks
Trending News
More News >

Sasseur REIT Announces Change in Legal Representation for Chinese Subsidiary

Story Highlights
Sasseur REIT Announces Change in Legal Representation for Chinese Subsidiary

Confident Investing Starts Here:

The latest update is out from Sasseur Real Estate Investment Trust ( (SG:CRPU) ).

Sasseur REIT has announced a change in the legal representative for its wholly-owned subsidiary, Sasseur (Chongqing) Business Co., Ltd., in China. The legal representative has been changed from Ms. Tan Hong Lye, Cecilia to Mr. Cheng Hsing Yuen, effective June 19, 2025. This change has been formally registered with the relevant Chinese authorities, indicating a strategic management update within the company.

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 Singaporean law, focusing on the management and investment in retail outlet malls in China. The trust is managed by Sasseur Asset Management Pte. Ltd., with a market focus on generating income from its retail properties.

Average Trading Volume: 721,795

Technical Sentiment Signal: Hold

Current Market Cap: S$791M

For an in-depth examination of CRPU stock, go to TipRanks’ Overview page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1