28-12-2021
21-04-2021
11-06-2020
07-05-2019
23-04-2018
27-04-2017
Corporate Governance Report - DSI 2015
31-12-2015
Corporate Governance Report DSI 2011
01-01-2011
Drake & Scull International PJSC was established as a limited liability company and thereafter converted to a public joint-stock company in accordance with Federal Law No. (8) Of 1984 and its amendments and Ministerial Resolutions in implementation thereof.
Drake & Scull International PJSC is registered at the Department of Economic Development in Dubai and holds commercial license number 224674 issued on 9 November 1977.
To read more please download the Article of Association.
Article of Association - DSI 2016
dsi_aoa_amended_2017 (Download)
Article of Association - DSI 2021
dsi_aoa_amedment_2021 (Download)
dsi_aoa_cover-letter_2021 (Download)
Article of Association - DSI 2024
When was Drake & Scull International (DSI) incorporated?
Drake & Scull International was established in the UAE in 1966 as a Limited Liability Company (LLC) and on 16 November 2009 DSI was incorporated as a Public Joint Stock Company (PJSC).
Who are the founders of DSI?
DSI is a Public Joint Stock Company (PJSC). The founding members (which represent 45%) consist of a group of private regional sophisticated and institutional investors. Their full details are available in the Company’s Prospectus. The remaining shareholders (which represent 55%) consist from individuals as well as institutions, local, regional and international.
On which exchange are DSI shares traded?
DSI PJSC shares are listed and traded at the Dubai Financial Market (DFM), under the ticker symbol of "DSI".
When was DSI IPO and how many shares were offered for public?
The total size of the offering is AED 1,197,777,778 representing 55% of the company's share capital. The shares were priced at AED 1/-. DSI IPO was open for UAE and non UAE nationals, including individual and institutional investors from July 08th 2008 until March 17th, 2008.
DSI IPO was oversubscribed by 101 times bringing in around 45,600 subscribers who invested funds of approximately AED 124 billion. According to a report by E&Y, DSI was among the top 20 global IPOs by funds raised in Q3 2008.
How do I get a copy of the annual and interim reports and latest financials?
DSI’s latest financial reports are available at the Investor Relations Web Page.
How can I buy DSI shares?
DSI Shares can only be traded through brokers registered at the Dubai Financial Market. To know more about brokers registered at DFM click here and to know more about DFM, please visit www.dfm.ae
Securities investor rights guideline.
Reference guide for the nomination and inclusion of women on boards of directors.