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Dasin Retail Trust Faces Legal Challenges Over EGM Requisition

Story Highlights
  • Dasin Retail Trust Management has decided not to convene an extraordinary general meeting.
  • Requisitionists, including Michael Chui, are reserving the right to convene the meeting despite the Board’s decision.
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Dasin Retail Trust Faces Legal Challenges Over EGM Requisition

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

Dasin Retail Trust Management Pte. Ltd. (DRTM), as trustee-manager of Dasin Retail Trust, has been involved in a series of legal and procedural developments concerning the requisition of an extraordinary general meeting (EGM) by certain unitholders. The Board of DRTM has decided not to convene the EGM despite demands from requisitionists, including Michael Chui, who is reserving the right to convene the meeting. Legal advisories have been exchanged, highlighting the complex dynamics between the parties involved.

More about Dasin Retail Trust

YTD Price Performance: -36.67%

Average Trading Volume: 91,413

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$15.28M

See more data about CEDU stock on TipRanks’ Stock Analysis page.

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