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Banyan Tree Holdings ( (SG:B58) ) has issued an announcement.
Laguna Resorts & Hotels Public Company Limited has approved its financial statements for the third quarter of 2025 and announced the disposal of its shares in Banyan Tree Gallery (Thailand) Company Limited. The transaction involves selling 51% of Banyan Tree Gallery’s shares to Banyan Tree Hotels & Resorts Pte. Ltd., marking a significant connected transaction that could impact the company’s strategic positioning and stakeholder interests.
The most recent analyst rating on (SG:B58) stock is a Buy with a S$0.50 price target. To see the full list of analyst forecasts on Banyan Tree Holdings stock, see the SG:B58 Stock Forecast page.
More about Banyan Tree Holdings
Laguna Resorts & Hotels Public Company Limited operates in the hospitality industry, focusing on resorts and hotels. The company is involved in the management and development of luxury accommodations and related services, primarily targeting the tourism and leisure market.
YTD Price Performance: 88.82%
Average Trading Volume: 695,953
Technical Sentiment Signal: Buy
Current Market Cap: S$541.7M
Find detailed analytics on B58 stock on TipRanks’ Stock Analysis page.