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Dasin Retail Trust Cancels Planned Extraordinary General Meeting

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Dasin Retail Trust Cancels Planned Extraordinary General Meeting

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

Dasin Retail Trust Management Pte. Ltd. has announced that it will not be convening an extraordinary general meeting (EGM) of its unitholders, following legal advice. This decision comes after a series of legal actions involving New Harvest Investments Limited, where convening the EGM would put Dasin Retail Trust in contempt of court according to Singapore’s Administration of Justice (Protection) Act 2016. This development indicates the company’s compliance with legal obligations and affects its governance processes.

More about Dasin Retail Trust

YTD Price Performance: -20.0%

Average Trading Volume: 85,958

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: S$20.11M

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

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Questions or Comments about the article? Write to editor@tipranks.com
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