News

News

DSG announces shareholder loan and change of CEO

5/12/2019

Depa PLC (“Depa”), the leading global interior solutions group, reports that on 4 December 2019, Design Studio Group Ltd (“DSG”), Depa’s Asian key business unit, announced that on 29 November 2019 it entered into a loan agreement with Depa United Group PJSC, DSG’s controlling shareholder, for an unsecured loan of up to an aggregate amount of AED 20 million (approximately S$7.4 million) (“Loan”). The Loan is provided by Depa to DSG for working capital requirement to support its ongoing operations.

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DSG announces responses to SGX queries

21/8/2019

Depa PLC (“Depa”), the leading global interior solutions group, reports that on 20 August 2019, Design Studio Group Ltd (“DSG”), Depa’s Asian key business unit, made a market announcement on the Singaporean Stock Exchange, providing responses to queries from the SGX in relation to its unaudited 2Q2019 Financial Statements.

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Depa secures a commercial fit-out package worth AED 100 million

8/7/2019

Depa PLC (“Depa”), the leading global interior solutions group, announces a project award of AED 100 million. Depa Interiors, Depa’s Middle East key business unit which specialises in the provision of interior solutions to the hospitality, residential, commercial, and transport and civil infrastructure sectors, secured the commercial office fit-out package for the new headquarters of a leading UAE airline.

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Depa announces appointment of Group Chief Executive Officer

3/7/2019

Depa PLC (“Depa”), the leading global interior solutions group, announces the appointment, with immediate effect, of Kevin Lewis, as its Group Chief Executive Officer. Kevin has been undertaking the role in an ‘acting’ capacity since 25 April of this year.

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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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CONTACT US

Depa Group,
Dubai Investment Park 1,
Plot No. 598-655,P.O. Box 213537,
Dubai, U.A.E.
Phone: +971 (4) 821 6666
Fax: +971 (4) 887 8625
Email: info@depa.com

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