Dasin Retail Trust (SG:CEDU) has released an update.
Dasin Retail Trust Management Pte. Ltd., the trustee-manager of Dasin Retail Trust, maintains the position that the recent extraordinary general meeting (EGM) called by certain unitholders is invalid, despite demands for recognition of the resolutions passed. The company’s legal advisers are preparing a response to the latest demand, as the disagreement over the EGM’s validity persists among the trust’s directors. Investors are advised to stay tuned for further material developments, which will be disclosed in compliance with listing obligations.
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