On 2 February Loqus Holdings announced that its Board of Directors took the decision to put the Fleet-Management business unit up for sale and search for a suitable strategic partner. Loqus explained that a potential major international entity in the mobility area could produce synergies in both the technical and marketing fields enabling the Group [...]
On 2 February, HSBC Bank Malta plc announced that its Board of Directors is scheduled to meet on Friday 24 February to consider and approve the Group’s financial statements for the year ended 31 December 2011. The Directors will also consider the declaration of a final dividend. The BAnk also announced tha tthe Annual General [...]
On 27 January, Island Hotels Group Holdings plc announced that its Board of Directors is scheduled to meet on 23 February to consider and approve the Group’s financial statements for the financial year ended 31 October 2011. In the announcement, Island Hotels provided a review of the trends experienced during their last financial year. The [...]
On 27 January, Bank of Valletta Malta plc issued Interim Statement updating the market on its performance for the first quarter of their 2011/12 financial year. BOV reported that demand for new loans (both in the personal and corporate sectors) have remained subdued due to the current economic uncertainties while it experienced further growth in [...]
On 30 January, the Malta Stock Exchange announced that 1,010,497 new MaltaPost plc ordinary shares have been admitted to the Official List of the Malta Stock Exchange following the recent scrip dividend issue, representing a high take-up of 78.15%. Following this scrip dividend, the total number of shares in issue increased to 32,688,600 shares.
Further to the announcement on 24 January with respect to the issue of the new Malta Government Stocks, the Treasury today established the prices for the 3 new MGS’s as follows: 4.25% MGS 2017 (III) FI at 103.75% for every €100 nominal giving a yield to maturity of 3.523% per annum; 4.3% MGS 2022 (III) [...]
On 27 January, Malta International Airport plc held a press conference providing further details on the 2011 traffic results and to provide a forecast of passenger movements for 2012. MIA’s recently appointed CEO Mr Markus Klaushofer explained that passenger volumes in 2011 were at an all-time record, an increase of 6.5% to just over 3.5 [...]
On 24 January, the Treasury announced the issue of 3 new Malta Government Stocks for a total aggregate amount of €150 million subject to an over-allotment option of up to a further €150 million. The 3 new stocks are: (i) 4.25% MGS 2017 (III) (Fungibility Issue) at a price to be determined on Friday 27 [...]
On 20 January, MIDI plc announced that the Malta Environment and Planning Authority approved MIDI’s development plans for the T14 office block and two 14-storey residential blocks known as T17. The T14 business centre will consist of a 9-storey office block providing a total of 12,000 sqm of rentable office space including an underlying car [...]
On 20 January, Malta International Airport plc announced that its Board of Directors is scheduled to meet on Thursday 22 March to consider and approve the Group’s financial statements for the year ended 31 December 2011. The Directors will also consider the recommendation of a final dividend.