Malita Investments plc - Approval of Land Acquisition

On 18 December, Malita Investments plc announced that its Board of Directors approved the entry by the Company into an emphyteutical deed with the Housing Authority. In terms of the said deed, Malita Investments shall acquire 16 property sites in a number of locations across Malta which shall be used by the Company for the purposes of developing a number of residential units for affordable housing.

Further information will be revealed once the emphyteutical deed is published.