DRI Healthcare (TSE:DHT.UN) has released an update.
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DRI Healthcare Trust and its manager DRI Capital Inc. have undergone major executive reshuffles, including the appointment of Gary Collins as interim CEO and Sandy Kwan as interim CFO, following the resignation of former CEO Behzad Khosrowshahi amid an investigation into alleged financial irregularities. The Trust assures stakeholders that its assets and portfolio remain unaffected, with a commitment to transparency and value delivery during the ongoing probe that has already led to a proactive $7.5M payment by DRI Healthcare to the Trust.
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