Market News

MIDI plc has signed a promise of sale agreement with The 540 Hub Ltd for the T15 Building at Tigné Point, Sliema, in a transaction valued at €5.5 million. The agreement covers the remaining period of the temporary utile-dominium linked to the original 99-year emphyteusis granted by the Maltese Government in June 2000. The T15 […]

Tumas Investments plc has reiterated that a recent court ruling concerning the Halland site in Swieqi will not have an impact on its plans to redeem a €25 million bond issue. The ruling, issued by the Court of Appeals, annulled the development permit for a proposed residential project on the former Halland Hotel site. The […]

Computime Holdings plc expects to deliver its highest revenue and profit before tax on record for FY2025, based on preliminary, unaudited results. Performance is ahead of the financial assumptions outlined in its October 2024 IPO prospectus. The board anticipates that strong earnings and cash generation will support the declaration of a final dividend for FY2025, […]

Googleannounced a significant increase in planned capital expenditure, underscoring its aggressive push into artificial intelligence. The group now expects capital spending in 2026 to reach between $175bn and $185bn, substantially above market expectations, driven by continued investment in AI infrastructure, data centres, and proprietary chips. The announcement followed a strong set of financial results. Fourth-quarter […]

IZI Group has advanced its international expansion strategy with the establishment of an Austrian subsidiary, IZI Entertainment GmbH, marking a key milestone in its growth plans. The move was announced alongside strong interim results, showing EBITDA growth of 35% and a 156% increase in profit before tax. The new subsidiary received a €4 million equity […]

International Hotel Investments plc (“IHI” or the “Company”) announces that it has entered into a joint venture agreement with funds managed by Orion Capital Managers, pursuant to which Orion will acquire a 72% equity interest in the five-star Corinthia Hotel Lisbon. The transaction represents the first investment by Orion European Real Estate Fund VI, which […]

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 […]

Bank of Valletta has been recognised at the European Contact Centre & Customer Service Awards (ECCCSA) for its progress in strengthening customer-focused practices and redesigning service experiences. The Bank received commendations in the categories of Best Customer Centric Culture and Best Customer Experience Redesign, reflecting ongoing efforts to embed customer priorities across the organisation and […]

Hili Finance Company plc has obtained approval from the Malta Financial Services Authority (MFSA) for a €60,000,000 bond issue, which will be listed on the Official List of the Malta Stock Exchange. The subscription period opens on 7th January 2026 and will run until 28 January 2026, or earlier if the issue is fully subscribed. […]

Merkanti Bank has announced that it will voluntarily relinquish its Maltese banking licence and fully refund all customer deposits. In a company update issued on Tuesday, the bank said it intends to convert into a non-regulated entity “to streamline its consolidated cost structure and improve profitability going forward.” The bank emphasised that this step remains […]

IZI Group — operator of Malta’s National Lottery, an extensive retail gaming network, and the Dragonara Casino — is on track to surpass €1 billion in gambling turnover. Player payouts from both the National Lottery and the Dragonara Casino are projected to reach €916 million, reflecting the high level of engagement across the group’s gaming […]

PG Group, the operator of the PAVI and PAMA shopping malls and supermarkets in Qormi and Mosta respectively, has announced the distribution of a net interim dividend totaling €2.75 million. The dividend—equivalent to €0.0254630 net (€0.0391738 gross) per ordinary share—will be paid on Friday, 5 December 2025, to shareholders listed on PG plc’s register of […]