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News & Events

Jan 20, 2012


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MIDI plc - Issue of Building Permits

Friday, January 20th, 2012

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 [...]

Malta International Airport plc - Board Meeting

Friday, January 20th, 2012

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.

GO plc - Resolutions rejected at Forthnet EGM

Friday, January 13th, 2012

On 13 January, GO plc announced that none of the resolutions, including a €30 million rights issue, presented to Forthnet’s shareholders during this morning’s Extraordinary General Meeting (EGM) were approved.

GO plc - GO opposes Forthnet’s rights issue

Friday, January 13th, 2012

On 13 January, GO plc announced that its Board of Directors resolved to instruct Forgendo Limited, the joint-venture investment vehicle equally owned by GO and its parent company Emirates International Telecommunications Limited (EITL) which owns 41.27% of Forthnet S.A., to vote against the €30 million rights issue of Forthnet during the Extraordinary General Meeting scheduled [...]

GAP Developments plc - Bond Repurchase

Monday, January 9th, 2012

On 9 January 2012, GAP Developments plc announced that during the month of December it repurchased €66,423 (nom) of its 7% Secured bonds 2011-2013 as permitted in the Prospectus dated 21 March 2007. The Company explained that these bonds were repurchased from bondholders and subsequently cancelled. Following this buy back, the total amount of outstanding [...]

Bank of Valletta plc - MFSA fines BOV

Friday, January 6th, 2012

On 5 January, the Malta Financial Services Authority (MFSA) revealed that it has imposed an administrative penalty of €175,174 on Bank of Valletta plc (BOV) for regulatory breaches related to disclosure of information and suitability of financial instruments sold to the general public. This penalty is the result of an investigation into the manner in [...]

Grand Harbour Marina plc - 40-metre Berth Sale

Thursday, January 5th, 2012

On 5 January, Grand Harbour Marina plc announced on its website that it concluded the sale of a 40-metre super-yacht berth at the Grand Harbour Marina in Malta. However, the press release did not disclose the price at which the berth was sold. This latest sale follows the two 30-metre berths sold in 2011 for [...]

Malta Government Stocks - 2012 MGS Indicative Calendar

Thursday, January 5th, 2012

On 5 January the Treasury of Malta announced that during 2012 it aims to issue not more than €700 million in Malta Government Stocks (MGS) to finance its borrowing requirements during the year as well as to finance total MGS redemptions amounting to €349.7 million. The Treasury explained that similar to last year it will [...]

FIMBank plc - Board Meeting

Thursday, January 5th, 2012

On 5 January, FIMBank plc announced that its Board of Directors is scheduled to meet on Monday 12 March to consider and approve the Group’s Audited Accounts for the financial year ended 31 December 2011. The Directors will also consider the declaration of a dividend.

Malta International Airport plc - Record passenger movements in 2011

Tuesday, January 3rd, 2012

On 3 January, Malta International Airport plc issued a Company Announcement stating that during 2011, passenger movements increased by 6.5% to a new record of 3.5 million passengers. In a press conference accompanied by the Minister of Finance, the Economy and Investment and the Parliamentary Secretary for Tourism, the Environment and Culture, MIA’s new CEO [...]