Investor and Media Centre

Lindner Depa’s Doha International Airport contract terminated

Jun 24 ,2012

Dubai: 24 June 2012: Depa Limited (ticker DEPA) (‘Depa’ or ‘Company’) confirms its joint venture company Lindner Depa has had its contract terminated by Doha International Airport. This follows the announcement on 20 June that Lindner Depa’s performance bond and advance payment guarantee were pulled due to Lindner Depa's refusal to accept new non-favourable contract terms and conditions. The Company is in discussions with its lawyers in order to assess the situation and consider its options.

 ---END---

 For inquiries, please contact:

Depa Limited

Noor Sweid

Managing Director, Strategy

strategy@depa.com

Tel: +971 4 224 3800 

 Brunswick Gulf Ltd

Rupert Young / Jade Mamarbachi

depa@brunswickgroup.com

Tel: + 971 4 446 6270

 

CONTACT US

Depa Group, Vision Tower,
35th Floor, P.O. Box 56338,
Dubai, U.A.E.
T: +9714-446-2100
F: +9714-446-2102
info@depa.com

COPYRIGHTS 2017. DEPA GROUP ALL RIGHTS RESERVEDDisclaimer