PDS’ step-down subsidiary -- Nor Lanka Manufacturing, Hong Kong has divested its entire 26% equity stake in Nobleswear (Private), Sri Lanka (Nobleswear), a step-down associate of the Company. Consideration received from such sale/disposal is $95.31. Accordingly, Nobleswear has ceased to be a step-down associate of the Company.
PDS is a design-led organisation and its talented design teams offer exceptional product development and design services customised to retailers’ requirements.