On 27 February, Medserv plc announced that, through its wholly-owned subsidiary Middle East Tubular Services LLC (“METS”), it has been awarded a new long term contract with Sumitomo Corporation Tubular Supply Oman (“SCTSO”) for the supply chain management of Oil Country Tubular Goods to Petroleum Development Oman (“PDO”) which is a joint-venture between the Government […]
On 27 February, the Malta Stock Exchange announced that 668,120 new MaltaPost plc ordinary shares have been admitted to the Official List of the Malta Stock Exchange following the recent scrip dividend issue at at the attribution price of €1.85 per share, representing a high take-up of 83.5%. Following this scrip dividend, the total number […]
On 23 February, the Malta Stock Exchange announced that the recently issued Malta Government Stocks (MGS) will be admitted to the Official List with effect from today, Thursday 23 February 2017. Trading in these new stocks is expected to commence tomorrow, Friday 24 February.
On 22 February, Eden Finance plc announced that it has submitted an application to the Listing Authority of the Malta Financial Services Authority (MFSA) in connection with a new €35 million unsecured bond maturing in 2027. The Directors also resolved to redeem the outstanding €13.98 million 6.6% bond on 16 June 2017, being the first […]
On 22 February, Malta International Airport plc (MIA) published its annual financial statements for the year ended 31 December 2016. Performance Overview During the year under review, MIA registered a 9.1% increase in revenue to a record €73.1 million on the back of growth in both the ‘Airport’ segment as well as the ‘Retail and […]
On 22 February, Loqus Holdings plc announced that its Board of Directors is scheduled to meet on Thursday 23 February 2017 to consider and approve the Group’s interim financial statements covering the six months ended 31 December 2016.
On 21 February, GO plc published its financial statements for the year ended 31 December 2016. Performance Overview During the year under review, the Group’s revenues improved by 26.9% to a record of nearly €157.0 million (+€33.3 million) mainly reflecting the consolidation of revenues generated by the now 51% controlled Cypriot subsidiary – Cablenet Communications […]
On 21 February, HSBC Bank Malta plc published its preliminary results for the financial year ended 31 December 2016. Performance Overview During 2016, net interest income eased by 0.5% to €126.4 million as the 5.6% drop in gross interest income to €142.1 million was partly mitigated by the sharp drop in interest expense to €15.6 […]
On 20 February, the Treasury announced that it received a total of 1,186 applications for the three new Malta Government Stocks for a value exceeding €282 million (nominal). The Treasury had offered a total of €130 million with the option of increasing the aggregate amount by a maximum amount of an additional €90 million. The […]