“Medserv Wins New Multimillion-Dollar Marine Services Deal in Suriname…”

A subsidiary of Malta-based industrial logistics group Medserv has secured a new contract in Suriname, further expanding the company’s presence in the region.

Medserv announced that its international arm, Medserv International Ltd, has signed a framework agreement to deliver marine agency services in Suriname for a prominent global engineering and drilling contractor active in the country.

The framework agreement will remain in effect until 15 December 2029 and is anticipated to deliver multi-million-dollar revenues over its duration, depending on the issuance of individual work orders under the arrangement.

According to the company, the contract reinforces Medserv’s strategic position in Suriname and across the wider Caribbean, aligning with its objective of expanding integrated logistics and marine service capabilities in both established and emerging energy markets.

This marks Medserv’s second significant award in Suriname. In 2019, the group secured a shore base services contract in the country valued at approximately $30.6 million.

Hili Finance Secures Full Subscription for €60 Million Bond Issue

Hili Finance Company plc’s €60 million bond issuance was fully taken up within less than a week of launch, the company confirmed in a statement. The bond was issued on 7 January.

Commenting on the strong investor response, Chairman Geoffrey Camilleri said the level of demand reflected market confidence in the group’s strategic direction, governance standards and long-term prospects.

He added that the support from both retail and institutional investors would allow the group to advance its investment plans and continue building sustainable growth across its portfolio.

Funds raised through the bond will be used to support Hili Ventures’ investment programme and will be on-lent to subsidiary entities to facilitate further expansion. Planned initiatives include the continued rollout of iSpot, Hili Ventures’ Apple Premium Reseller business in Poland, which has recently grown to become Europe’s largest Apple Premium Reseller within a single country, operating more than 50 outlets.

The proceeds will also be allocated to the refurbishment of a boutique hotel with views over Valletta’s Grand Harbour, as well as the acquisition of a property in Ħamrun.

Hili Group has consistently attracted strong investor interest in its fixed-income offerings. In 2024, an €80 million five-year bond issued by Hili Finance Company was oversubscribed within hours of opening, underscoring sustained market confidence in the group’s financial strength and the guarantee provided by Hili Ventures.

Malta Company Announcement

MM Star Malta Finance plc

Further to the announcement MAR03 dated 17 December 2025, the Company confirms that the intra-group loan between the Company and its parent, MM Star HoldCo Limited, has been converted from a loan agreement into a listed loan note instrument. The International Stock Exchange Listing and Membership Committee has approved the listing, and the instrument was admitted to the Official List of TISE with effect from 8 January 2026.

LifeStar Insurance plc

The Company announces that it has received a notification of major holdings from LifeStar Holding plc. The notification confirms that on 13 January 2026, LifeStar Holding plc acquired 759,541 shares in the Company. Following this acquisition, LifeStar Holding plc’s shareholding increased from 74.23% to 75.40% of the Company’s issued share capital and voting rights, resulting in the public shareholding falling below 25%.

Bank of Valletta plc

Bank of Valletta did not acquire any shares under its Share Buyback Programme between 5 and 9 January. Since the programme commenced up to 9 January, the Bank has repurchased a total of 564,032 shares, representing approximately 0.0878% of its issued share capital, at an average weighted price of €1.8989 per share, for an aggregate consideration of €1,071,057.

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