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Dasin Retail Trust ( (SG:CEDU) ) just unveiled an update.
Dasin Retail Trust Management Pte. Ltd. has issued a letter to Aqua Wealth Holdings Limited concerning various legal and financial proceedings. These proceedings include past announcements regarding the removal of Dasin Retail Trust Management as the trustee-manager, an interim arbitral award against Zhang Zhencheng and Aqua Wealth Holdings, and recent changes in substantial unitholder interests. The letter addresses the circumstances surrounding the disposal of a significant number of units in Dasin Retail Trust by CGS-CIMB Securities Singapore, highlighting ongoing legal and financial complexities that could impact the trust’s operations and stakeholder interests.
More about Dasin Retail Trust
Dasin Retail Trust is a business trust established under the laws of Singapore. It operates in the retail sector, focusing on managing retail properties and investments. The trust is managed by Dasin Retail Trust Management Pte. Ltd., which acts as the trustee-manager.
Average Trading Volume: 619,928
Technical Sentiment Signal: Sell
Current Market Cap: S$16.09M
Find detailed analytics on CEDU stock on TipRanks’ Stock Analysis page.