SINGAPORE (Apr 24): Top management at Sasseur REIT, which owns a portfolio of malls in China, have gone on a shopping spree of their own now that their malls have reopened.

Yang Xue, wife of Xu Rongcan, Sasseur REIT’s controlling shareholder and chairman who is also known as Vito Xu, bought some 12 million units in just over a month. Yang herself is a non-independent, non-executive director at the REIT.

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