News

News

Vedder secures a superyacht fit-out package worth more than AED 116 million

12/6/2019

Depa PLC (“Depa”), the leading global interior solutions group, announces a project award of EUR 28 million (more than AED 116 million). Vedder, Depa’s German-based key business unit which specialises in the provision of interior solutions to the superyacht, private jet and high-net-worth residence fit-out markets, has secured the interior fit-out package for a new-build superyacht project.

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Notice of Annual General Meeting FY 2019

20/5/2019

Depa PLC (Depa), the leading global interior solutions group, gives notice that its Annual General Meeting (AGM) will take place on WEDNESDAY 12 JUNE 2019 at 35th Floor, Vision Tower, Business Bay, Dubai, United Arab Emirates. The meeting will commence at 13:00 and will be open for registration from 12:00 noon.

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DSG announces material variances between unaudited and audited financial statements for FY2018

3/4/2019

Depa PLC (“Depa”), the leading global interior solutions group, reports that on 29 March 2019, Design Studio Group Ltd (“DSG”), Depa’s Asian key operating group, made a market announcement on the Singaporean Stock Exchange, confirming material variances between the unaudited financial statements announced on 23 February 2019 and its audited financial statements for the financial year ended 31 December 2018. Among other changes, the adjustments have resulted in an additional S$ 2.5mn (AED 6.7mn) loss attributable to the owners of DSG for FY2018, resulting in an audited net loss attributable to the owners of DSG of S$ 26.4mn (AED 72.0mn).

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Trade Name Change

31/3/2019

Depa Limited (“Depa”), the leading global interior solutions group, announces that with effect from 1 April 2019, it will trade under the name of Depa PLC. This reflects a mandatory change required to comply with DIFC Companies Law 2018 (DIFC Law No.5 of 2018) which was effected in November 2018.

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DSG responses to Singapore Exchange (SGX) queries

6/3/2019

Depa PLC (“Depa”), the leading global interior solutions group, reports that on 5 March 2019, Design Studio Group Ltd (“DSG”), Depa’s Asian key operating group, made a market announcement on the Singaporean Stock Exchange, providing responses to queries from the SGX in relation to its unaudited financial statements announcement for the year ended 31 December 2018. DSG’s disclosure can be viewed by investors on DSG’s website and/or on SGXNET.

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Notification - Group CEO, Hamish Tyrwhitt, Steps Down

3/3/2019

03 March 2019, Dubai, UAE: Depa PLC (“Depa”), the leading global interior solutions group, announces that Hamish Tyrwhitt and the Board have agreed that Hamish will step down as Group Chief Executive Officer ("Group CEO") of Depa Group on 1 May 2019. The Board is pleased to confirm that Hamish will remain on the Board as a Non-Executive Director.

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DSG announces its results for the year ended 31 December 2018

24/2/2019

Depa PLC (“Depa”), the leading global interior solutions group, reports that on 23 February 2019, Design Studio Group Ltd (“DSG”), Depa’s Asian key operating group, made a market announcement on the Singaporean Stock Exchange, publishing its results for its financial year ended 31 December 2018.

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DSG publishes results for nine months ended 30 September 2018

25/10/2018

Depa Limited (“Depa”), the leading global interior solutions group, reports that on 25 October 2018, Design Studio Group Ltd (“DSG”), Depa’s Asian key business unit, published its results for the period ended 30 September 2018. DSG’s results can be accessed on its website and its associated market announcement is replicated below:

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DSG Profit Guidance Announcement

21/10/2018

Depa Limited (“Depa”), the leading global interior solutions group, reports that on 19 October 2018, Design Studio Group Ltd (“DSG”), Depa’s Asian key business unit, made a market release on the Singaporean Stock Exchange announcing its expectation to report a loss for the period to 30 September 2018 and for the full year ended 31 December 2018.

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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

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