e-marine now private joint stock firm

Dubai: e-marine FZE, specialist in submarine cable installation and repair in the region, is now known as 'e-marine Private Joint Stock Company' (e-marine PJSC).

The renaming took place recently in its first constituent general assembly where the company elected its members to the board of directors and discussed plans and strategies.

At the assembly, Ali Mohammad Al Sharid was elected chairman of e-marine PJSC and Omar Jasem Bin Kalban was appointed managing director and chief executive officer.

He said, "The formation of the new company is to realign business and expand in the Gulf, West Indian Ocean and Red Sea regions, and beyond. All business activities of e-marine FZE will be continued and enhanced more by e-marine PJSC."

e-marine FZE was a limited liability company (LLC) established in Jebel Ali Free Zone, hence had the limitation of both being a free zone establishment and a LLC.

Whereas the registration as a private joint stock company (PJSC) will allow the company to have a better reach to the expanded base and added freedom to grow in all business aspects.

Bin Kalban, said, "We assure that business will continue streaming as always, and will gradually span and expand across the region."

e-marine, the leading submarine service pro-vider, specialises in laying cables for the telecommunications and offshore power transmission industries and providing support services.