The latest announcement is out from Dasin Retail Trust ( (SG:CEDU) ).
Dasin Retail Trust has received a letter from New Harvest Investments Limited, a major shareholder, regarding an Interim Arbitral Award against Mr. Zhang Zhencheng and Aqua Wealth Holdings Limited. The award restricts them from actions that could terminate or replace Dasin Retail Trust Management as trustee-manager, including convening or voting at extraordinary general meetings. This legal development, upheld by a Singapore Court Order, aims to stabilize the management structure amidst shareholder requisitions for meetings.
More about Dasin Retail Trust
Dasin Retail Trust is a business trust constituted in Singapore, focusing on retail properties. It operates under the management of Dasin Retail Trust Management Pte. Ltd., serving as its trustee-manager.
YTD Price Performance: -16.67%
Average Trading Volume: 79,946
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: S$20.11M
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