Press releases, Reports & Disclosures for Drake & Scull International P.J.S.C

The document contains the consolidated financial statements of Drake and Scull International PJSC and its subsidiaries as of 31 December 2023.

The document contains the consolidated financial statements of Drake and Scull International PJSC and its subsidiaries as of December 31, 2023. These statements provide a comprehensive overview of the company's financial performance and position.

On February 26th, 2024, the Board of Directors of Drake & Scull International PJSC held its first meeting of the year. The Board approved the minutes of the previous meeting and decided to call a General Assembly meeting as soon as possible, subject to the approval of the Securities and Commodities Authority (SCA) and Dubai Financial Market (DFM). The Board plans to discuss and approve the resumption of trading of the Company’s shares, increase in the share capital of the Company according to the terms approved by SCA and DFM, and the Company being an obligor in respect of a mandatory convertible Sukuk issuance aligned with the settlement plan.