A Quarterly Newsletter from UAE and Oman Offices

VOL 12, Issue 2 April 2010

EVENTS AND HAPPENINGS

THREE CHEERS!

V.T.V. Damodaran, Senior Office Administrator, Abu Dhabi office, was bestowed with the prestigious “PRAVASI SAMSKRITHI PURASKAR” award by the Kannur Malayala Bhasha Padasala, Kerala. The Award was presented at Iritty, Kerala, on 28 January 2010 by well known Malayalam Novelist, Mr. C. Radhakrishnan (see photo alongside). Damodaran, along with renowned theatre artist and director, S. Krishnamurthy, noted poet, V.N. Namboodhiri and Novelist, P. Sreedharan, were selected for their contribution to socio-cultural activities. A noted humanitarian and social activist, Damodaran donated the entire cash award to a deserving poor family in Kerala.

Supporting the DCCI

Graham Martins, our Managing Partner, delivered a presentation at the Dubai Chamber of Commerce and Industry (“DCCI”) under the DCCI’s strategic objective of supporting the development of business. The seminar was on “Buying or Selling an Existing Business in Dubai”. Graham’s presentation introduced commonly practiced valuation methods, and discussed ways of valuing private companies and intangible assets. He also spoke on common financing practices for corporate purchase/sale transactions.