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Dasin Retail Trust ( (SG:CEDU) ) has provided an update.
Dasin Retail Trust’s Trustee-Manager has been notified by New Harvest Investments Limited of a filed Notice of Arbitration and Concurrent Application for Emergency Relief in the Hong Kong International Arbitration Centre. This action follows disputes related to a Sale and Purchase Agreement and a Shareholders’ Agreement from 2021. New Harvest seeks to prevent parties involved from pursuing legal actions outside the arbitration framework and aims for permanent injunctions and declarations to halt actions against the Trustee-Manager.
More about Dasin Retail Trust
YTD Price Performance: 3.33%
Average Trading Volume: 76,958
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$24.94M
See more insights into CEDU stock on TipRanks’ Stock Analysis page.
