Malita Investments plc - Postponement of AGM
On 20 March 2020, Malita Investments plc announced that in view of the extraordinary developments related to the spread of the coronavirus ‘COVID-19’, the company is postponing its Annual General Meeting that was due to be held on 6 May 2020 to a future date which will be announced in due course. Malita also noted that it will nonetheless proceed with the payment of the recommended net dividend of €0.01853 per share which will be paid on 12 May 2020 to all shareholders as at the close of trading on Thursday 2 April 2020.
Malita explained that it is constantly monitoring the impact of ‘COVID-19’ on its operations, particularly in relation to how the various measures being implemented by the Government of Malta to contain the spread of the virus will impact the progress on the various construction sites forming part of the Housing Project. Accordingly, it will continue to closely monitor the progress on the various sites, the repercussions of the pandemic, its impacts on the company’s operations and performance, and will keep the market informed of material developments.