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Resignation of Alternate Director at Dasin Retail Trust

Story Highlights
  • Dasin Retail Trust announced the resignation of Mr. Zhang Zhongming as alternate director.
  • The Board refutes allegations made by Mr. Zhang and plans to publish their responses.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Resignation of Alternate Director at Dasin Retail Trust

Confident Investing Starts Here:

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

Dasin Retail Trust Management Pte. Ltd., as trustee-manager of Dasin Retail Trust, announced the resignation of Mr. Zhang Zhongming as an alternate director, effective immediately. The resignation letter contained allegations against the Board, which the Majority Directors refute. The Board plans to publish the reasons for the resignation and their responses and will make further announcements if necessary. Stakeholders are advised to exercise caution when dealing with the Trust’s units.

More about Dasin Retail Trust

YTD Price Performance: -33.33%

Average Trading Volume: 64,767

Technical Sentiment Signal: Buy

Current Market Cap: S$16.09M

For a thorough assessment of CEDU stock, go to TipRanks’ Stock Analysis page.

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