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An update from Dasin Retail Trust ( (SG:CEDU) ) is now available.
Dasin Retail Trust is facing legal proceedings in China concerning its subsidiaries’ shares. Zhongshan Dasin Metro-Mall Merchant Investment Co., Ltd. and Zhongshan Dasin Management and Investment Co., Ltd. have initiated actions against Yi Xin Management Pte Ltd and Sheng Xin Management Pte Ltd, respectively, seeking to invalidate share purchase agreements and reclaim ownership of shares in leasing management companies of Dasin E-Colour mall and Shiqi Metro Mall.
More about Dasin Retail Trust
Dasin Retail Trust is a business trust constituted under the laws of the Republic of Singapore. It primarily focuses on retail property management and investment, with a market focus on the leasing management of malls in China.
YTD Price Performance: -36.67%
Average Trading Volume: 89,456
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$15.28M
For a thorough assessment of CEDU stock, go to TipRanks’ Stock Analysis page.