tiprankstipranks
Trending News
More News >

Dasin Retail Trust Faces Legal Challenges Over EGM

Story Highlights
Dasin Retail Trust Faces Legal Challenges Over EGM

Confident Investing Starts Here:

Dasin Retail Trust ( (SG:CEDU) ) has provided an update.

Dasin Retail Trust Management Pte. Ltd., as trustee-manager of Dasin Retail Trust, has been involved in a series of legal and procedural events concerning the convening of an extraordinary general meeting (EGM) requested by certain unitholders. Despite initial demands and legal actions, including an interim arbitral award and a Singapore court order, the Board decided not to convene the EGM. Subsequent demands and legal advice have led to the conclusion that the notice and the EGM are invalid and void, highlighting ongoing disputes and legal complexities within the trust’s governance.

More about Dasin Retail Trust

YTD Price Performance: -36.67%

Average Trading Volume: 66,647

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$15.28M

See more insights into CEDU stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1