March 16, 2020 / 6:20 AM / in 20 days

BRIEF-Shang Properties Updates On Impact Of Covid-19 On Business Operations

March 16 (Reuters) - Shang Properties Inc:

* SHANG PROPERTIES INC- UPDATES ON IMPACT OF COVID-19 ON BUSINESS OPERATIONS

* SHANG PROPERTIES INC- DECREASE IN REVENUE DUE TO DROP IN HOTEL OCCUPANCY AND CANCELLATION OF EVENTS IS ANTICIPATED

* SHANG PROPERTIES INC- CLOSURE OF SHANGRI-LA PLAZA MALL AND ASSEMBLY GROUNDS ESTIMATED TO LEAD TO A REDUCTION IN RENTAL INCOME

* SHANG PROPERTIES INC- ALSO ANTICIPATES IMPACT ON PROPERTY DEVELOPMENT OPERATIONS Source text for Eikon: Further company coverage:

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