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An announcement from Dasin Retail Trust ( (SG:CEDU) ) is now available.
Dasin Retail Trust has announced an unauthorized repayment of onshore loans by its subsidiaries in China, which constitutes a breach of the intercreditor deed. The company has been involved in various financial activities, including offshore and onshore syndicated term loan facilities to finance acquisitions of several Metro Malls. This breach could have significant implications for the trust’s financial stability and its ongoing restructuring efforts.
More about Dasin Retail Trust
Average Trading Volume: 566,897
Technical Sentiment Signal: Sell
Current Market Cap: S$16.09M
For detailed information about CEDU stock, go to TipRanks’ Stock Analysis page.