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     Latest News: Labat Africa Ltd. LABAT [LAB]
     Thu, 23 Oct 2025 Official Announcement [RD] 
    Labat - disposal of assets & cautionary withdrawal
    The Board announced the disposal of its cannabis-related assets and operations. This decision aligns with Labat's strategic repositioning as a technology-focused investment platform.

    Negotiations with All Trading (Pty) Ltd. have since been terminated. Following the termination, the Company has entered into a binding agreement with 64P Investments (Pty) Ltd. for the purchase of all the cannabis-related subsidiaries and operating divisions within the Labat Group.

    Cautionary withdrawal
    As negotiations have been concluded caution is no longer required to be exercised when dealing in the company's securities.
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    Closing price data source: JSE Ltd. All other statistics calculated by ProfileData.
       
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