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Dasin Retail Trust Suspends Trading Amid Financial Reporting Challenges

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Dasin Retail Trust Suspends Trading Amid Financial Reporting Challenges

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

Dasin Retail Trust has announced a suspension of trading for its units on the Singapore Exchange due to its inability to comply with specific listing rules. The suspension is primarily attributed to the lack of financial data from its China subsidiaries, which has hindered the preparation of necessary financial statements and compliance with annual general meeting requirements. This development raises concerns about the Trust’s financial transparency and could impact investor confidence.

More about Dasin Retail Trust

Average Trading Volume: 475,411

Technical Sentiment Signal: Sell

Current Market Cap: S$16.09M

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

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