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Dasin Retail Trust Faces Legal Challenges in China

Story Highlights
  • Dasin Retail Trust is facing legal challenges involving its Chinese subsidiaries.
  • The Board supports CEO Wang Peng’s decision to contest the proceedings, advising caution to stakeholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Dasin Retail Trust Faces Legal Challenges in China

An update from Dasin Retail Trust ( (SG:CEDU) ) is now available.

Dasin Retail Trust is facing legal challenges involving its Chinese subsidiaries. The proceedings have been initiated against CEO Wang Peng by two subsidiaries, with disputes centering around governance and control issues. The Board, excluding conflicted directors, supports Mr. Wang’s decision to contest the proceedings, and advises caution to stakeholders while further developments are awaited.

More about Dasin Retail Trust

YTD Price Performance: -36.67%

Average Trading Volume: 89,883

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$15.28M

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

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

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