Dubai – Mubasher: Drake and Scull International (DSI) on Tuesday announced that it will hold a board meeting on Sunday, 15 October, during which the restructure plan will be reviewed.  

The meeting will discuss the initiation of an investigation previously requested by the stockholders during the ordinary general meeting (OGM), according to a company filing to the Dubai Financial Market (DFM). 

The board of directors will also discuss the appointment of an internal committee for carrying out the investigation, DSI stated; however, it did not give any information about the subject of the investigation.

Earlier in October, DSI announced the completion of the capital restructure plan, which was launched in the beginning of 2017, after increasing the capital to AED 1.07 billion through pumping AED 500 million by Tabarak Investment.