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Dasin Retail Trust Faces Governance Challenges Amidst Legal Proceedings

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Dasin Retail Trust Faces Governance Challenges Amidst Legal Proceedings

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Dasin Retail Trust ( (SG:CEDU) ) has issued an announcement.

Dasin Retail Trust Management Pte. Ltd., the trustee-manager of Dasin Retail Trust, has been involved in a series of legal and procedural developments concerning the convening of an extraordinary general meeting (EGM) of its unitholders. The Board has decided not to convene the EGM following a demand from New Harvest Investments Limited and subsequent legal proceedings. Despite this, a notice for the EGM has been published, indicating ongoing complexities in the management and governance of the Trust.

More about Dasin Retail Trust

YTD Price Performance: -37.50%

Average Trading Volume: 94,346

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$16.09M

For detailed information about CEDU stock, go to TipRanks’ Stock Analysis page.

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