Inactive Instrument

De Raj Group AG

DRJ

DE000A2GSWR1

De Raj Group AG Announces Management Changes

May 21, 2019 at 12:40 am EDT

De Raj Group AG announced that the Supervisory Board of the De Raj Group AG appointed Mr. Vaidyanathan M. Nateshan as further member of the Management Board as Group Chief Executive Officer (CEO) with immediate effect for the term of five years. Mr. Nateshan represents the Company jointly with the Chairman of the Management Board, Mr. Dato' Nagendran Nadarajah. In addition, the Supervisory Board appointed Mr. Carlo Arachi as further member of the Management Board with immediate effect for the term of five years after Mr. Arachi prior to this resigned from the Supervisory Board of De Raj Group AG according to Sec.

11.4 of the articles of association of the Company for a compelling reason. Mr. Arachi represents the Company jointly with the Chairman of the Management Board, Mr. Dato' Nagendran Nadarajah.

Latest news about De Raj Group AG

De Raj Group AG Announces Changes in the Management and Supervisory Board	20-09-18	CI
De Raj Group AG cancelled the acquisition of asset in Water Recycle / Reuse space in Namibia.	20-09-11	CI
De Raj Group AG cancelled the acquisition of O&G Skills India Private Limited.	20-07-13	CI
Standard Paper & Board Singapore Pte. Ltd signed an agreement to acquire 65% stake in De Raj Group AG from De Raj family.	20-05-24	CI
De Raj Group AG Announces Corona-Related Postponement of the Publication of the Annual Accounts for the Financial Year 2019	20-04-28	CI
De Raj Group AG acquired MKG Group of Companies.	20-04-19	CI
De Raj Group AG and GEPetrol Forms Joint Venture	20-02-14	CI
De Raj Group AG Enters into an agreement with Renewables Developer STC Energy to Build Six Solar Parks in Ukraine	19-10-03	CI
De Raj Group AG Reports Earnings Results for the Half Year Ended June 30, 2019	19-09-30	CI
De Raj Group Ag Signs an Agreement with STC Energy Limited Liability Company	19-09-26	CI
De Raj Group Signs MoU for Huge Refinery Project in Vietnam with Binh Son Refining & Petrochemical Company	19-09-16	CI
De Raj Group AG entered into an agreement to acquire an asset in Water Recycle / Reuse space in Namibia.	19-09-11	CI
De Raj Group AG Announces Fundraising of EUR 50 Million Bond Issue	19-09-06	CI
De Raj Group Concludes Agreement with Ecogaz to Build Liquid Gas Filling Facility Near Moscow	19-09-02	CI
De Raj Group AG agreed to acquire O&G Skills India Private Limited.	19-07-13	CI
De Raj Group AG Forms Strategic Alliance with VA Tech WABAG Ltd	19-06-05	CI
Strategic Solar Power Alliance with WIRCON GmbH and Wattkraft Group	19-06-03	CI
De Raj Group AG Announces Management Changes	19-05-21	CI
De Raj Group Ag Reports Earnings Results for the Full Year Ended December 31, 2018	19-05-15	CI
De Raj Group AG Reports Consolidated Interim Earnings Results for the Second Quarter and Six Months Ended June 30, 2018	18-09-24	CI
The De Raj Group AG Reports Earnings Results for the First Quarter Ended March 31, 2018	18-05-29	CI
De Raj Ag Reports Unaudited Earnings Results for the Fourth Quarter and Year Ended December 31, 2017	18-04-29	CI
De Raj Group AG Announces Board Changes	18-03-29	CI
De Raj Ag Reports Unaudited Earnings Results for the Fourth Quarter and Year Ended December 31, 2017	18-03-12	CI

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Company Profile

De Raj Group AG is a Germany-based company specialized in development of power, infrastructure, and energy projects. The Company diversifies its operating activities into two business segments: Oil and Gas Division, and German Power Division. The Oil and Gas Division is engaged in the providing a number of oil and gas services, such as offshore exploration, well development, oil and gas production, site abandonment, as well as well plugging. The main market catchment areas for Oil and Gas Division are South East Asia, Central Asia and the Middle East. The German Power Division is engaged in the electricity generation, and power and heat supplying to local farmers in Germany, using palm oil as a feedstock. The Company operates its business through subsidiaries located in Germany and Malaysia.

Sector

Oil & Gas Drilling

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