Sasseur REIT Announces Temporary Closure Of Malls Due To Coronavirus

28 January 2020 — In response to the spread of coronavirus in the People’s Republic of China, Sasseur Cayman Holding Limited, as the sponsor and whose subsidiaries are the entrusted managers of Sasseur REIT, has implemented temporary closure of the four (4) outlet malls owned by Sasseur REIT in Chongqing, Bishan, Hefei and Kunming.

Specifically, Chongqing and Bishan Outlet Malls have been temporarily closed from 26 January 2020 while Hefei and Kunming Outlet Malls have been temporarily closed from 27 January 2020.

These efforts are intended to help prevent the spread of the coronavirus.

The other seven (7) outlet malls owned or managed by the Sponsor in Hangzhou, Changsha, Nanjing, Lanzhou, Xian, Guiyang and Changchun have also been progressively closed from 26 January 2020.

The re-opening dates of all the above malls will be announced in due course.

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