Edition:
India

DP World PLC (DPW.DI)

DPW.DI on Dubai Internation Financial Exchange

12.85USD
13 Nov 2019
Change (% chg)

$-0.15 (-1.15%)
Prev Close
$13.00
Open
$12.96
Day's High
$13.00
Day's Low
$12.69
Volume
65,066
Avg. Vol
255,505
52-wk High
$21.00
52-wk Low
$12.69

Latest Key Developments (Source: Significant Developments)

DP World Reports 1.1% Gross Like-For-Like Volume Growth In Q3
Tuesday, 22 Oct 2019 

Oct 22 (Reuters) - DP WORLD ::DP WORLD REPORTS 1.1% GROSS LIKE-FOR-LIKE VOLUME GROWTH IN 3Q 2019.GROSS CONTAINER VOLUMES GROWING BY 1.1 % YEAR-ON-YEAR ON A LIKE-FOR-LIKE BASIS(1).HANDLED 17.7 MILLION TEU ACROSS ITS GLOBAL PORTFOLIO OF CONTAINER TERMINALS IN 3Q,2019.ON A NINE-MONTH BASIS, LIKE-FOR-LIKE GROSS CONTAINER VOLUMES GREW BY +0.7% YEAR-ON-A YEAR TO 53.5 MILLION TEU.AT CONSOLIDATED LEVEL(2), OUR TERMINALS HANDLED 10.3 MILLION TEU DURING 3Q, A +0.8% IMPROVEMENT YEAR-ON-YEAR ON A LIKE-FOR-LIKE BASIS.STRONG GROWTH OF +93.7% IN AMERICAS AND AUSTRALIA REGION IS DUE TO CONSOLIDATION OF AUSTRALIA AND ACQUISITION OF TWO TERMINALS IN CHILE.JEBEL ALI (UAE) HANDLED 3.6 MILLION TEU IN 3Q2019, DOWN -1.0% YEAR-ON-YEAR.GROWTH IN ASIA AND INDIA REMAINS ROBUST WITH STRONG GROWTH IN ATI (PHILIPPINES), QINGDAO (CHINA).GROWTH IN INDIA HAS BEEN DRIVEN BY COCHIN, MUNDRA AND NSIGT (MUMBAI).DECLINE IN REPORTED VOLUMES IN ASIA PACIFIC & INDIAN SUBCONTINENT IS DUE TO DISCONTINUED OPERATIONS IN SURABAYA (INDONESIA), TIANJIN (CHINA).  Full Article

DMCC And Jafza Announce Warehousing Partnership To Boost Trade
Sunday, 6 Oct 2019 

Oct 6 (Reuters) - JEBEL ALI FREE ZONE ::DMCC AND JAFZA ANNOUNCE WAREHOUSING PARTNERSHIP TO BOOST TRADE .DMCC AND JAFZA SIGNED A COLLABORATION AGREEMENT THAT WILL BRING WAREHOUSING SOLUTIONS AND LOGISTIC SERVICES TO MEMBER COMPANIES REGISTERED IN THE DMCC FREE ZONE.  Full Article

DP World Updates On Results Of Tender Offer GMTN Bonds Due 2020
Sunday, 29 Sep 2019 

Sept 29 (Reuters) - DP WORLD PLC ::UPDATES ON RESULTS OF TENDER OFFER GMTN BONDS DUE 2020.WILL ACCEPT ALL NOTES VALIDLY SUBMITTED FOR PURCHASE PURSUANT TO THE OFFER.AGGREGATE PRINCIPAL AMOUNT OF NOTES TO BE ACCEPTED FOR PURCHASE $26.2 MILLION.TENDER OFFER SETTLEMENT DATE IS EXPECTED TO BE 1 OCTOBER 2019.NOTES PURCHASED BY CO WILL BE CANCELLED ON OR AROUND TENDER OFFER SETTLEMENT DATE.POST CANCELLATION, $473.9 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF NOTES WILL REMAIN OUTSTANDING.  Full Article

UAE's DP World Closes Topaz Energy And Marine Limited Transaction
Thursday, 19 Sep 2019 

Sept 19 (Reuters) - DP WORLD ::ANNOUNCES CLOSING OF TOPAZ ENERGY AND MARINE LIMITED TRANSACTION.  Full Article

DP World Announces Tender Offer For Convertible Bonds Due 2024
Thursday, 19 Sep 2019 

Sept 19 (Reuters) - DP World PLC ::ANNOUNCES INVITATION TO HOLDERS OF$1.00 BILLION 1.75 PER CENT. CONVERTIBLE BONDS DUE 2024 TO TENDER THEIR BONDS.  Full Article

Nasdaq Dubai Welcomes Listings By DP World Of $1 Bln Sukuk And $300 Mln Bond
Thursday, 18 Jul 2019 

July 18 (Reuters) - NASDAQ DUBAI ::NASDAQ DUBAI WELCOMES LISTING OF A ONE BILLION US DOLLAR SUKUK AND A 300 MILLION US DOLLAR CONVENTIONAL BOND ISSUED BY DP WORLD.  Full Article

Oman's Renaissance Services H1 Profit Rises
Sunday, 14 Jul 2019 

July 14 (Reuters) - OMAN'S RENAISSANCE SERVICES ::H1 NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS 7.8 MILLION RIALS VERSUS 407,000 RIALS YEAR AGO.H1 REVENUE 51.1 MILLION RIALS VERSUS 46.5 MILLION RIALS YEAR AGO.NET RESULT OF TOPAZ FOR H1 10.6 MILLION RIAL HAS BEEN CLASSIFIED AS DISCONTINUED OPERATION.FINAL PROFIT FROM DISCONTINUED OPERATION SHALL VARY DEPENDING ON TOPAZ’S DEBT AND CASH POSITION AT TRANSACTION CLOSURE.  Full Article

Oman's Renaissance Seeks Shareholders Approval On Topaz Energy Stake Sale
Sunday, 7 Jul 2019 

July 7 (Reuters) - RENAISSANCE SERVICES ::SHAREHOLDERS TO MEET ON JULY 29 TO APPROVE SALE OF 86.5% SHARES IN TOPAZ ENERGY & MARINE LIMITED, BERMUDA.  Full Article

DP World And NIIF JV Hindustan Infralog To Acquire 76% Stake Of KRIL
Thursday, 23 May 2019 

May 23 (Reuters) - DP WORLD ::ACQUISITION OF 76% STAKE IN KRIBHCO INFRASTRUCTURE LIMITED (KRIL) IN INDIA.DP WORLD AND NIIF JOINT VENTURE HINDUSTAN INFRALOG TO ACQUIRE A 76% STAKE OF KRIL.KRIBHCO (KRISHAK BHARATI COOPERATIVE) LIMITED, WILL CONTINUE TO RETAIN REMAINING 24% SHAREHOLDING.PURCHASE CONSIDERATION IS BELOW 1% OF DP WORLD’S NET ASSET VALUE AS OF FY2018.  Full Article

DP World Acquires Fraser Surrey Docks
Thursday, 9 May 2019 

May 9 (Reuters) - DP WORLD PLC ::ACQUIRES FRASER SURREY DOCKS.PURCHASE CONSIDERATION IS BELOW 2.5% OF DP WORLD'S NET ASSET VALUE AS OF FY2018.ACQUISITION WILL BE EFFECTED THROUGH DP WORLD’S CANADIAN SUBSIDIARY, DP WORLD CANADA INVESTMENT INC.EXPECTS TRANSACTION TO BE EARNINGS ACCRETIVE FROM THE FIRST FULL YEAR OF CONSOLIDATION AND TO CLOSE IN THE FIRST HALF OF 2019.ACQUISITION OF FRASER SURREY DOCKS FROM MACQUARIE INFRASTRUCTURE PARTNERS (MIP).MIP IS A FUND MANAGED BY MACQUARIE INFRASTRUCTURE AND REAL ASSETS (MIRA) DIVISION OF MACQUARIE GROUP.DP WORLD’S NET ASSET VALUE AS OF 31 DECEMBER 2018 IS $11,999 MILLION.  Full Article

DP World buys Topaz Energy from StanChart and Renaissance for $1 billion

LONDON Port operator DP World Plc will buy Topaz Energy and Marine Limited for $1 billion from Standard Chartered and Renaissance Services, DP World said on Monday.