Drake & Scull International (DSI) has announced that it has successfully completed its capital restructuring program which started at the beginning of the fiscal year.
The company also welcomed a AED500 million ($136.1 million) investment by Tabarak Investment which will enable DSIs new leadership to move forward with its operational plans.
DSI said it plans to focus on further enhancing its core competencies in the mechanical, electrical and plumbing (MEP) sector to steer the company to recovery and sustainable growth.
A statement said that with the successful completion of the capital restructuring program, the share capital of the company stands at AED1.07 billion and the total equity of the group increased by AED500 mi…
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