Proceedings to Start Against CEO of Dasin Retail Trust's Trustee-Manager on March 19

MT Newswires

2025/03/06

Proceedings against Dasin Retail Trust's (SGX:CEDU) trustee-manager's CEO, Wang Peng, will commence on March 19, according to a filing with the Singapore Exchange on Thursday.

The proceedings have been initiated for Wang's alleged tortious liability in connection to the trustee-manager's attempts to remove Zhang Zhongming as legal representative and executive director of the two Chinese subsidiaries of the trust.

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