Logo from Dasin Retail Trust

Trustee manager of Dasin Retail Trust hit with winding-up petition

The Trust received the petition from Zhang Guiming.

Dasin Retail Trust Management, the trustee-manager of  Dasin Retail Trust, received a winding-up application from Zhang Guiming.

In a bourse filing, the Trust said its trustee-manager is already seeking advice regarding the winding-up application.

The trustee-manager also intends to dispute  Zhang’s claims and “take steps to stay the winding up application pending the resolution of the dispute.”

In the meantime, Dasin Retail’s board advised unitholders and potential investors to exercise caution when dealing with the units of the Trust.
 

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Q&M adopts intraoral scanner for improved dental care
The technology will be deployed over the next 12 months across the group’s dental clinics in Singapore.
Healthcare
Firms slow to adopt full flexi-work options
Only 7% of firms offer fully flexible or remote working options.
HR & Education