LC Devt

LC Devt: has entered into a share purchase agreement with Auslaos Investments Pty Ltd (the “Vendor”) to acquire a 15% stake in Gateway Enterprise Co. Prior to the Acquisition, LCDI already owns 85% of Gateway, a co incorporated in Lao People’s Democratic Republic, and is a special purpose co which owns and operates the serviced residence, Parkview Executive Suites located in Vientiane, Laos. LC Dev last closed at $ 0.158, +1.3%.