SINGAPORE property firm CapitaLand said on Tuesday that two retail malls in Sichuan owned by its CapitaRetail China Development Fund are shut following an earthquake in the Chinese province on Monday.

CapitaLand said in a statement that its properties in China are not affected by the earthquake, and the malls were shut to allow time for their tenants to resume business.

'As a safety precaution, structural engineers will also be engaged to inspect the two malls prior to the resumption of operations,' the company said, adding that all its employees in China are safe.