Dasin Retail Trust Issues Demand Letters Over Breach of Undertakings

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

Dasin Retail Trust’s Independent Directors issued letters of demand to Mr. Zhang Zhencheng and Bounty Way Investments Limited, alleging wrongful disposal of interests in the trust’s units. This action signifies a breach of undertakings made to the Singapore Exchange, potentially impacting the trust’s stakeholder relations and market confidence.

More about Dasin Retail Trust

Dasin Retail Trust is a business trust constituted in Singapore, primarily focused on retail property investments.

YTD Price Performance: -16.67%

Average Trading Volume: 95,066

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: S$19.31M

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