DFM trading floor hosts Company Focus Week to promote DSI's equity story and reveal latest achievements and prospects

UAE, June 17, 2013

Drake & Scull International PJSC (DSI), a regional market leader in the integrated design, engineering and construction disciplines of General Contracting, Mechanical, Electrical and Plumbing (MEP), Water and Power, Rail and Oil and Gas, launched today its Investor's outreach program in collaboration with the Dubai Financial Market (DFM). The program is dedicated to promote DSI's successful equity story and to highlight the company's latest achievements, prospects and growth plans.

The company's focus week was inaugurated at the DFM trading floor. Khaldoun Tabari, CEO of DSI addressed an audience of over 60 brokers and investors providing details of the company's latest developments and strategic highlights in an interactive presentation followed by a networking session.

DSI's outreach programme is the latest in a series of Company Focus Weeks held by companies that are listed on DFM or NASDAQ Dubai. The programs are facilitated by the two exchanges, which share the same trading platform.

On this occasion, Mr Tabari said: "We are pleased to launch this dedicated programme in collaboration with DFM. It's a great opportunity to stimulate additional interest in our future prospects to maintain our capital base. Since our IPO in 2008, we remained focused on providing high quality, affordable integrated engineering services to our customers within the markets we service. "

"As real estate and infrastructure development expands quickly in the region, DSI is poised for significant growth in the coming years. We are involved in many exciting projects and operations in the UAE, MENA, Asia, Africa and Europe that are driving the company's progress. Company Focus Week is an excellent platform for us to showcase our latest achievements to a wide range of international audience while promoting capital markets activity in Dubai."

Essa Kazim, Managing Director and CEO of DFM, said: "The Company Focus Week is a key initiative that raises awareness of the UAE's capital markets and the possibilities that they offer to institutional and individual investors, in the region and overseas. We are delighted to host DSI's outreach programme in the interests of educating market participants and promoting dialogue between listed companies and the public."

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About Drake & Scull International PJSC
Drake & Scull International PJSC (DSI) is a regional market leader delivering world class quality projects via end to end solutions that provide  integrated design, engineering and construction disciplines of  Engineering (Mechanical Electrical and Plumbing (MEP) and Water & Power), General Contracting, Oil and Gas, Rail and Infrastructure, through People, Innovation, and Passion.

DSI established its first office in Abu Dhabi in 1966, and has since expanded operations to encompass offices in Dubai, Egypt, Kuwait, Libya, Oman, Saudi Arabia, Syria, Qatar, Jordan and India, Thailand, as well as managing projects in Europe and other parts of North Africa.

DSI 's main business streams include Drake & Scull Engineering, which serves as the MEP and Water & Power arm, Drake & Scull Construction (DSC), which is the General Civil Contracting unit and Drake and Scull Development, focusing on the  Infrastructure sector.

In 2008, DSI offered 55% of its shares to the public and the IPO was oversubscribed 101 times. Ernst & Young ranked the IPO among the top 20 global IPOs in 2008.

DSI has since then used the funds to integrate, establish and acquire businesses that complement its corporate strategy of expansion into new markets, via organic and inorganic growth.

The fully Integrated Management Systems, certified to ISO 9001:2008, ISO 14001:2005 and OSHAS 18001:2007 standards are compliant with leading building, health and safety regulations, as well as sound environmental and energy management procedures.

DSI is a leader through experience, and has established a regional leadership position over 48 years of successfully completing the most complex projects on time, within budgets and matching set quality parameters.

DSI has completed many prestigious projects in the region for over four decades, and has helped shape the region's skyline from within.

About Dubai Financial Market
Dubai Financial Market (DFM) was established as a public institution with its own independent corporate body. DFM operates as a secondary market for the trading of securities issued by public shareholding companies, bonds issued by the Federal Government or any of the local Governments and public institutions in the country, units of investment funds and any other financial instruments, local or foreign, which are accepted by the market. The DFM commenced operations on March 26, 2000. Following its initial public offering in November 2006, when DFM offered 1.6 billion shares, representing 20 per cent of its paid-up capital of AED 8 billion, DFM became a public joint stock company. Following the IPO, the Government of Dubai retained the remaining 80 per cent of DFM Company through Borse Dubai Limited. www.dfm.ae

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Orient Planet PR & Marketing Communications
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© Press Release 2013