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PDS’ arm divests 26% stake in Nobleswear

11 Jul 2026 Evaluate

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. 


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