Once hailed as a gateway to China’s Greater Bay Area retail boom, Dasin Retail Trust is now in the spotlight for all the wrong reasons. Mounting debt defaults, executive exits, shareholder revolt, and now a trading halt amid failure to comply with SGX listing rules on timely financial reporting and AGMs.
As the headlines pile up and distributions disappear, investors are left asking: What happened? What’s next? And is there anything left to salvage?
Dan Koh and Ryan Huang dissect the turmoil, breaking down what led to Dasin’s dramatic fall from grace, its latest regulatory breaches, and what this means for unitholders, the SGX, and the future of business trusts in Singapore.
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Breakfast with Ryan Huang, Emaad Akhtar and Audrey Siek