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Trustee-manager of Dasin Retail Trust hits back at former CEO and creditor with legal suit

The former CEO and creditor earlier filed winding-up applications against the trustee manager.

Dasin Retail Trust Management (DRTM), the trustee-manager of Dasin Retail Trust, has filed an originating claim against creditor Zhang Guiming and former CEO Wang Qiu at the High Court of Singapore.

Zhang and Wang earlier filed winding-up applications against the trustee-manager.

The case conferences for DRTM’s case against Zhang will happen on 9 April, whilst Wang’s will occur on 24 April.

Meanwhile, DRTM has also applied to make Zhang and Wang’s winding-up applications “stay pending” until the resolution of the originating claims.

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