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Dasin Retail Trust Secures Six-Month Moratorium Amid Legal Proceedings

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Dasin Retail Trust Secures Six-Month Moratorium Amid Legal Proceedings

Confident Investing Starts Here:

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

Dasin Retail Trust Management Pte. Ltd. has been granted a six-month moratorium under the Insolvency, Restructuring and Dissolution Act 2018, preventing any winding up resolutions or enforcement actions against the company without court permission. An appeal against this decision by Zhang Zhencheng was dismissed by the Court of Appeal, affirming the High Court’s decision and requiring costs to be paid to Dasin Retail Trust Management.

More about Dasin Retail Trust

Dasin Retail Trust is a business trust established under the laws of the Republic of Singapore. It is managed by Dasin Retail Trust Management Pte. Ltd. and operates within the retail sector.

Average Trading Volume: 29,104

Technical Sentiment Signal: Sell

Current Market Cap: S$16.09M

Find detailed analytics on CEDU stock on TipRanks’ Stock Analysis page.

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