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Dasin Retail Trust (DRT)
REITs
DRT seeks to terminate agreements with rental management companies of Shunde Metro Mall and Tanbei Metro Mall
Units in DRT closed 0.1 cent lower or 2.63% down at 3.7 cents on Oct 15.
October 16, 2024
REITs
Dasin Retail Trust faces disagreement from minority directors for the replacement of Zhang Zhongming
The trust’s major directors say “severe internal control and corporate governance concerns” are at risk if Zhang maintains his current role.
October 07, 2024
REITs
Dasin Retail Trust’s manager says it will hold EGM by end September in response to minority investors' letter
Units in Dasin Retail Trust closed 0.3 cents higher or 13.64% up at 2.5 cents on Aug 2.
August 05, 2024
REITs
Zhang Guiming files winding-up application against Dasin Retail Trust’s trustee-manager
The trustee-manager says it will be seeking legal advice in respect of the winding-up claim.
February 20, 2024
REITs
Dasin Retail Trust in breach of offshore facilities after valuation decline
The trust's valuation fell by 4.6% h-o-h to RMB9.09 billion as at June 30, 2023.
February 04, 2024
REITs
Dasin Retail Trust receives letters of demand from members of trustee-manager on outstanding payments
The letters, dated Jan 24, were from the trustee-manager’s CEO, CFO, CIO and executive secretary.
February 03, 2024
REITs
Lender concerned that restructuring of Dasin Retail Trust may be delayed during requisition to internalise manager
As at 4.59pm, units in Dasin Retail Trust are trading 0.5 cents higher or 10.2% up at 5.4 cents.
December 04, 2023
REITs
Minority investors of Dasin Retail Trust seek to hold EGM to internalise manager
Unitholders are upset about the value destruction of the trust.
November 23, 2023
Global Economy
Briefs: Singapore seeks financial firms' documents in laundering case, SGX RegCo issues 'trade with caution' on DRT
Quoteworthy: "We want good luck and good things to happen." –— Presidential candidate Tharman Shanmugaratnam.
August 25, 2023
REITs
This is why refinancing of Chinese S-REITs and trusts takes longer
Inter-creditor agreement slows down refinancing of Chinese assets for REITs; was disclosure late at DRT?
July 14, 2023