Investors and Media

DEPA Limited - Annual Report

26th Aug 2009

DEPA Limited - Annual Report

Dubai, 26th August, 2009 – With reference to our Market Announcement dated 30th March 2009 containing inter-alia the Annual Report and Accounts of the Company for the Year ended 31st December 2009, we are again submitting the same along with the scanned original signature of the Directors as per the requirement of the Markets Law (DIFC Law No.12 of 2004). The signatures were inadvertently omitted from the original filing.

 

Annual Report is available at Financial Results section.

 

 

For further inquiries, please contact:

  Depa Limited

Noor Sweid – Managing Director, Strategy

Tel: +971 4 224 3800

 

Brunswick Gulf Ltd

Azadeh Varzi

avarzi@brunswickgroup.com

Tel: + 971 4 365 8260



ABOUT DEPA LIMITED

 

Depa Limited is a leading interior contracting company in the Middle East, North Africa and Southeast Asia regions. Operating principally in the luxury fit-out industry, its main areas of business cover luxury hotels, infrastructure and public sector amenities such as hospitals and airports, high-end residential properties, retail outlets, as well as yachts. Depa is listed on the NASDAQ Dubai (ticker DEPA) and has Global Depositary Receipts on the regulated market for listed securities of the London Stock Exchange plc (ticker DEPA and DEPS).

 

The range of business activities performed by Depa comprises:

 

  •  Interior contracting : which focuses on luxury interior fit-out services, which include installation and finishing of floors, walls, ceilings, fixed joinery, panelling, wood-works, doors and frames;
  •  Manufacturing : which comprises a network of factories and joineries which produce customized furniture, fixtures and equipment (FF&E);
  •  Procurement : which involves the procurement of supplies and materials from third parties to support and complement Depa's interior contracting and manufacturing operations as well as third party procurement contracts for specific FF&E projects.

 

By integrating these services into a single package, Depa provides clients with comprehensive and customized interior contracting solutions.

 

With more than 8,000 employees worldwide, the company operates through an integrated network of subsidiaries, affiliates and representative offices located in the UAE, Saudi Arabia, Qatar, Egypt, Jordan, Syria, Libya, Morocco, India, Malaysia, Thailand, China, Singapore, UK, the Netherlands, and the United States. Through this network, Depa has successfully executed large and complex projects in over 16 countries including the Burj Al Arab Hotel (Dubai), EmiratesPalace (Abu Dhabi), the Museum of Islamic Art (Doha), Four Seasons Hotels (Sharm El Sheikh & Mumbai) and Mazagan Resort (Casablanca).