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Dasin Retail Trust Faces Legal Proceedings Over Share Agreements

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Dasin Retail Trust Faces Legal Proceedings Over Share Agreements

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

Dasin Retail Trust, managed by Dasin Retail Trust Management Pte. Ltd., is involved in the retail industry with a focus on commercial leasing. The company is currently facing legal proceedings in the People’s Republic of China, initiated by Zhongshan Dasin Metro and Zhongshan Dasin Management, concerning alleged invalidity of share purchase agreements related to its subsidiaries. These proceedings may affect the company’s operations and shareholder positions, with hearings scheduled for April 2025.

More about Dasin Retail Trust

YTD Price Performance: -26.67%

Average Trading Volume: 101,584

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$17.7M

Find detailed analytics on CEDU stock on TipRanks’ Stock Analysis page.

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