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An update from Dasin Retail Trust ( (SG:CEDU) ) is now available.
Dasin Retail Trust Management Pte. Ltd., the trustee-manager of Dasin Retail Trust, has received further correspondence from Malayan Banking Berhad’s legal advisers regarding the ongoing court application to place the trustee-manager under judicial management, including a sealed summons for the appointment of an interim judicial manager. The trustee-manager said it will continue to update the market on any material developments arising from the judicial management process, signaling heightened uncertainty over the trust’s governance and future operations for investors and other stakeholders.
More about Dasin Retail Trust
Dasin Retail Trust is a Singapore-listed business trust focused on owning and managing retail property assets, with its trustee-manager, Dasin Retail Trust Management Pte. Ltd., responsible for overseeing the trust’s operations and compliance with local listing regulations.
Technical Sentiment Signal: Sell
Current Market Cap: S$16.09M
See more data about CEDU stock on TipRanks’ Stock Analysis page.