gulfnews : US listing on DP World radar even as shares fall in London

DP World has not ruled out a US listing and continues to monitor the American equity markets very closely, the company's chief executive said Tuesday.

The Dubai-based ports operator, which reported throughput growth of 11 per cent year-on-year for the first six months of 2011, has seen its share price plunge 10 per cent since listing on the London Stock Exchange (LSE) on June 1.

However, Mohammad Sharaf said the company was assessing all the options available in terms of attracting more investors. 'When it is the right market at the right time, we will be there,' he said. 'We are not looked at fairly across our peers; we are the only global operator [listed] across two exchanges,' he added.

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