Malayan Banking issued a letter to Dasin Retail Trust (SGX:CEDU), demanding immediate payment of the sums of $129.9 million and SG$234.1 million plus interest under an offshore facility agreement, according to a Thursday filing with the Singapore Exchange.
The letter demands the trust to clear the outstanding payment within three business days. Failure to do so, could result in action against the trust's manager, the filing added.
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