Depa Ltd, the United Arab Emirates-based interiors contractor fitting out the world’s tallest tower in Dubai, won a 118 million-dirham (US$32 million) contract at a holiday resort in Singapore.
Depa and its partner DDS Contracts & Interior Solutions Pte Ltd will fit out an entertainment venue at Resorts World, a resort on the Sentosa island in Singapore, the companies said on Monday in a joint emailed statement.
DDS, in which Depa holds 55 per cent and Singapore-listed Design Studio 45 per cent, targets interior contracts in the hospitality & commercial segments within Singapore, Malaysia, Thailand, Indonesia and Vietnam.
This contract is expected to contribute positively to Design Studio’s and Depa’s financial performance for FY2009/2010.
Source : Business Times - 29 Dec 2008
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