MAINBOARD-LISTED Dasin Retail Trust will purchase Doumen Metro Mall in China for 1.374 billion yuan (S$274.8 million), funded with a mix of debt and equity, its trustee-manager announced on Sunday night. The acquisition is considered an interested-person transaction.

SINGAPORE (July 1): The trustee-manager of Dasin Retail Trust (DRT) is acquiring Documen Metro Mall in China for $274.8 million. On Sunday, DRT's trustee-manager entered into a sale and purchase agreement with Zhang Zhencheng, the chairman and non-executive director of the trustee-manager, and spon...

MAINBOARD-LISTED Dasin Retail Trust will purchase Doumen Metro Mall in China for 1.374 billion yuan (S$274.8 million), its trustee manager announced in a filing late on Sunday night.

THE following companies saw new developments that may affect trading of their shares on Monday.

DASIN Retail Trust, which holds four malls in Zhongshan city in China's Guangdong province, on Sunday posted its distribution per unit (DPU) for its fourth quarter that slightly beat its forecast for the quarter by 0.9 per cent.

MAINBOARD-LISTED Dasin Retail Trust has extended the maturity date for a tranche of offshore term loans, in a supplemental agreement inked and announced by the manager on Friday.