Dasin Retail Trust (SGX:CEDU) will terminate the commercial and property management agreements for the Shunde Metro Mall and Tanbei Metro Mall in China, effective Oct. 31, according to a Tuesday filing on the Singapore Exchange.
The board decided without participation from minority directors Zhang Zhencheng and Zhang Zhongming due to conflicts of interest related to outstanding receivables from the properties.
The current managers, Foshan Shunde Dasin Metro-Mall Commercial Management and Zhongshan Yuanteng Commercial Property Management are affiliated with these directors.
Price (SGD): S$0.04, Change: S$-0.0010, Percent Change: -2.63%
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。