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Lai Sun Completes Sale of Bayshore Development Stake

Lai Sun Completes Sale of Bayshore Development Stake

Lai Sun Garment (International) (DE:LAI3) has released an update.

Lai Sun Garment (International) Limited, alongside Lai Sun Development Company Limited, has successfully completed the sale of their entire 10% stake in Bayshore Development. The transaction was finalized on May 31, 2024, marking the end of the companies’ involvement in the Bayshore Development entity. The deal aligns with previous announcements and agreements outlined by the respective boards of the companies.

For further insights into DE:LAI3 stock, check out TipRanks’ Stock Analysis page.

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