DSI hires consultant to review its capital and liabilities position
Dubai based contracting and engineering company Drake and Skull (DSI) has hired accounting firm PWC for a full analysis of capital structure and financing liabilities across all operations globally, according to the CEO . The company expects the review to be completed in 1Q17. The company is putting pressure on Aramco to settle payments owed. The company is also positive about future contracts. (Bloomberg) DSI (DU): USD0.51 as of 7 December 2016, Rating: Sell, TP: USD0.34 per share, MCap: USD320 mn, DSI UH / DSI.DU
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