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Legal Challenge Filed Against Dasin Retail Trust Directors

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The latest announcement is out from Dasin Retail Trust ( (SG:CEDU) ).

Dasin Retail Trust Management Pte. Ltd. has been notified of a legal filing by Zhang Zhencheng against several of its directors, challenging the validity of certain board resolutions. The filing alleges breaches of the company’s constitution, specifically regarding the delegation of powers and voting on related party transactions, potentially impacting the governance and operational decisions within the trust.

More about Dasin Retail Trust

Dasin Retail Trust is a business trust established under the laws of the Republic of Singapore. It is managed by Dasin Retail Trust Management Pte. Ltd. (DRTM) and focuses on retail property investments.

YTD Price Performance: -33.33%

Average Trading Volume: 55,925

Technical Sentiment Signal: Buy

Current Market Cap: S$16.09M

For an in-depth examination of CEDU stock, go to TipRanks’ Stock Analysis page.

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