Dasin Retail Trust (SG:CEDU) has released an update.
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Dasin Retail Trust Management Pte. Ltd. has acknowledged the receipt of a requisition notice from major stakeholders, representing over 12% of total voting rights, for an extraordinary general meeting (EGM). However, they have expressed concerns about the proposed amendments to the Trust Deed, citing the need for compliance with the Singapore Exchange Securities Trading Limited (SGX-ST) Listing Rules. The Trustee-Manager emphasizes that it is not in the best interest of all Unitholders to proceed with the EGM if the amendments cannot be implemented even after approval.
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