Dasin Retail Trust has announced the reception of a notice of default for an offshore syndicated term loan:

According to Maybank, the defaulting principal sums are US$129.9 million and S$234.1 million. These, plus the accruing interest of US$6.8 million and default interest of S$10.8 million as at Aug 10, are immediately due and payable by the trustee-manager.