Dubai – Mubasher: Ajman Bank’s stake in Drake and Scull International (DSI) was trimmed to 45.57% from 46.7% , said the Dubai Financial Market’s (DFM) data on Wednesday.

Tabarak Investment’s stake in DSI reach 5.54%.

On 3 October, DSI completed restructuring its capital after raising it to AED 1.07 billion through pumping AED 500 million from Tabarak Investment.

DSI’s losses were deepened by 586% to reach AED 317.64 million in the third quarter of 2017.