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An announcement from Dasin Retail Trust ( (SG:CEDU) ) is now available.
Dasin Retail Trust has announced the rescission of previous board resolutions regarding the appointment of new commercial and property managers for the Doumen Metro Mall in China. This decision follows issues with regaining control over its PRC subsidiaries and a lack of progress due to internal conflicts. The board has decided to terminate the agreements with the proposed managers without further liability, advising stakeholders to exercise caution in dealing with the Trust’s units.
More about Dasin Retail Trust
Dasin Retail Trust is a business trust established in Singapore, focusing on retail property management and leasing services. It primarily operates in the People’s Republic of China, managing commercial properties such as the Doumen Metro Mall.
Average Trading Volume: 12,026
Technical Sentiment Signal: Sell
Current Market Cap: S$17.7M
For detailed information about CEDU stock, go to TipRanks’ Stock Analysis page.