Depa’s Board of Directors Launches a Review
of the Company’s Business and Operations
Dubai, UAE; 7th October 2013: Depa Limited, one of the world’s leading interior contracting companies, today announces that the Board of Directors has appointed Ernst & Young to undertake a comprehensive review of the Company’s financial position and operations along with an assessment of its operating model and business environment. The review is expected to be completed and presented to the Board of Directors by the first quarter of 2014.
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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).
For more information, please refer to the corporate website: www.depa.com
