×

BRIEF-Dubai regulator orders Damas board to quit, imposes fines

DUBAI, March 21 (Reuters) - Damas International Ltd: * Dubai Financial Services authority says ordering Damas International Ltd board to resign -statement * Dubai Financial Services Authority says Damas also agreed to appoint new auditors for FY commencing 1 April 2010 * DFSA says sanctions include financial penalties against Damas, indviduals ((Dubai Newsroom, +971 4 391 8301, dubai.newsroom@reuters.com)) (For more information, click on) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved.

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.