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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.