DRA Global, a prominent multi-disciplinary company specializing in engineering, project delivery, and operations management, has made a strategic decision to delist from both the Australian Securities Exchange (ASX) and the Johannesburg Stock Exchange (JSE). The delisting from the primary exchange ASX and the secondary exchange JSE comes as a result of a resolution by security holders to remove the company from the official list.

This move, announced back in October, involves an off-market equal access share buy-back, contingent upon obtaining necessary shareholder approvals. The decision to delist from these exchanges was primarily driven by factors such as the limited trading activity of shares on both platforms. DRA Global has deemed the financial, administrative, and compliance obligations associated with maintaining dual listings on ASX and JSE as no longer justifiable.

With a track record of over 8,000 successfully delivered projects, studies, and managed services solutions, DRA Global has a strong presence in the mining, minerals, and metals processing industries. The company also offers services related to non-process infrastructure like water and energy solutions. Additionally, DRA Global provides advisory, engineering, and project delivery services across the entire capital project lifecycle, from conceptualization to operational readiness, commissioning, and ongoing operations.

Operating across various regions, including Africa, the Middle East, North and South America, and the Asia-Pacific, DRA Global has established offices in major mining centers worldwide. The decision to delist from ASX and JSE marks a significant strategic shift for the company, aimed at streamlining its operations and optimizing resources.

DRA Global’s expertise in delivering comprehensive solutions for the mining sector underscores its commitment to providing high-quality services throughout the project lifecycle. By focusing on operational efficiency and reducing unnecessary financial burdens associated with dual listings, the company is positioning itself for continued success in the global market.

For more information and updates on developments in the mining industry, readers can reach out to Adam Orlando at Mining.com.au, a seasoned editor with extensive experience in the media landscape, particularly in the mining sector. The delisting of DRA Global from ASX and JSE reflects a strategic realignment that underscores the company’s commitment to operational excellence and financial prudence in a competitive market environment.