Dasin unitholders call for another EGM to internalise manager, replace adviser

News about Dasin Retail Trust
The trustee-manager of Dasin Retail Trust : CEDU 0% has received a requisition notice from a group of dissenting unitholders, as they sought to not only internalise Dasin’s trustee-manager function, but also to replace its current adviser, FTI Consulting (Singapore).

Specifically, they have called for another extraordinary general meeting (EGM) to remove the current trustee-manager and replace it with the intended internal trustee-manager Banda Capital, which was established by the requisitioners through an independent trustee on Jan 5, 2024.
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Dasin Retail Trust
Price0.020 SGD
NAV0.840 SGD
Yield (4 quarters)0.00%
Gearing40.4%