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Dasin Retail Trust Faces Governance Challenges with Chinese Subsidiaries

Story Highlights
  • Dasin Retail Trust is dealing with governance issues in its Chinese subsidiaries.
  • Legal challenges were initiated and withdrawn, indicating resistance to Trustee-Manager control.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Protect Your Portfolio Against Market Uncertainty

The latest announcement is out from Dasin Retail Trust ( (SG:CEDU) ).

Dasin Retail Trust is currently dealing with internal governance issues involving its Chinese subsidiaries. The Trustee-Manager has faced legal challenges from the Conflicted Directors, who have initiated and subsequently withdrawn tortious proceedings in China. These actions appear to be attempts to resist the Trustee-Manager’s control over the subsidiaries, potentially harming the interests of Unitholders.

More about Dasin Retail Trust

YTD Price Performance: -36.67%

Average Trading Volume: 66,647

Technical Sentiment Signal: Buy

Current Market Cap: S$15.28M

For a thorough assessment of CEDU stock, go to TipRanks’ Stock Analysis page.

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