Dubai – Mubasher: The Drake and Scull International (DSI) denied that there are “no ongoing legal cases” with Lamar Investment and Real Estate, according to a bourse statement.
The Dubai-listed firm signed an agreement to complete the Lamar Towers project in 2013; six years after the project commenced.
DSI is coordinating with Lamar to reach an amicable resolution to the significant challenges related to the implementation of the latter firm’s tower project in Jeddah.