Dasin Retail Trust to hold EGM on internalisation of the trustee-manager

Fifteen investors have proposed to remove Dasin Retail Trust Management as trustee-manager of DRT.

SGX-listed Dasin Retail Trust (DRT) will hold an extraordinary general meeting (EGM) on or before 22 January 2024 to discuss the proposed removal of Dasin Retail Trust Management (DRTM) as its trustee manager.

In November, 15 investors namely Juniperus Pte Ltd, Tao Naiqun, Un Chong San, Chui Ka Chun Michael, Tan Eng Siong, Liu Shiyuan, Drift Joy Limited, Feng Guomin, Zhang Jieyan, Li Qunying, Li Zheng Ran, Shining Scene Investments Limited, Li Jiaming, Feng Youzhen and Swift Chance International Limited have proposed to internalise the trustee-manager function.

The investors who proposed the internationalisation of the trustee-manager function, collectively known as the “Requisitionists,” hold more than 10% of the total voting rights of all the unitholders of the trust.

“The Trustee-Manager will make further announcements on the SGXNET in the event there are any material developments which warrant disclosure, in compliance with its obligations under the Listing Manual,” the DRT board said.

Follow the link for more news on

Dasin Retail Trust

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia