News & Events

Aug 16, 2018


Pg 2 of 2941234Last »

Malta International Airport plc - July Traffic Results

Wednesday, August 8th, 2018

On 8 August 2018, Malta International Airport plc announced its July traffic results revealing a 12.1% increase in passenger movements to a record of 756,356 passenger movements. This was more than 62,000 passenger movements superior to the previous monthly record in August 2017. The growth reflects robust increases of more than 11% in aircraft movements […]

Malta Properties Company plc - Sale of Sliema Old Exchange

Monday, August 6th, 2018

On 6 August 2018, Malta Properties Company plc announced that further to the previous announcement dated 19 July 2018, the sale of the Sliema Old Exchange has now been concluded. MPC sold this property for €5 million which the company will be utilising to fund its various development projects and/or seek acquisition opportunities.

HSBC Bank Malta plc - Interim Results

Monday, August 6th, 2018

On 6 August 2018, HSBC Bank Malta plc published its interim results covering the six-month period ended 30 June 2018. Performance Overview During the first half of 2018, HSBC Malta reported a 10.3% drop in net interest income to €54.1 million compared to €60.3 million in H1 2017, reflecting the further decline in the average […]

Exalco Finance plc - Details of New Bond Issue

Saturday, August 4th, 2018

On 4 August 2018, Exalco Finance plc issued a formal notice in connection with a €15 million bond issue having a coupon of 4.00% and maturing in 2028. The salient details of the new bond issue are as follows: Coupon: 4.00% Amount Offered: €15 million Issue Price: 100% (par) Interest Payment Date: Annually on 20 […]

Tigne Mall plc - Interim Results

Friday, August 3rd, 2018

On 3 August 2018, Tigné Mall plc published its interim results covering the six months ended 30 June 2018. Performance Overview During the first half of 2018, the Company registered a 5.7% increase in revenue as the shopping mall remained fully occupied whilst registering an increase in footfall and tenant sales largely reflecting the decision […]

Malta Properties Company plc - Sale of St George’s Exchange

Friday, August 3rd, 2018

On 2 August 2018, Malta Properties Company plc (“MPC”) announced that its wholly-owned subsidiary SGE Property Company Limited entered into a promise of sale agreement with Mercury Exchange Limited for the sale and transfer of the St George’s Exchange (including its surrounding land) for €13.75 million. The promise of sale agreement is valid and effective […]

GO plc - Board Meeting

Thursday, August 2nd, 2018

On 2 August 2018, GO plc announced that its Board of Directors is scheduled to meet on Friday 10 August 2018 to consider and approve the interim financial statements for the six-month period ended 30 June 2018.

Malta Properties Company plc - Interim Results

Thursday, August 2nd, 2018

On 1 August 2018, Malta Properties Company plc (“MPC”) published its interim results covering the six-month period ended 30 June 2018. Performance Overview During the first half of 2018, Malta Properties Company plc registered a 6.6% increase in revenues to €1.65 million (H1 2017: €1.54 million) reflecting the completion of new developments as well as […]

Bank of Valletta plc - S&P Downgrades BOV’s Long-Term Rating

Thursday, August 2nd, 2018

On 1 August 2018, S&P Global Ratings (“S&P”) downgraded its long-term Issuer Default Rating on Bank of Valletta plc to “BBB” from “BBB+” but maintained its outlook as “Negative”. S&P explained that it lowered its rating on BOV due to increased reputational and operational risks for the Maltese banking sector generally. Specifically for BOV, however, […]