Virgata HQ has increased its stake in Plaza Centres, a Malta-based property developer and investor, to just over 37.6%. This move signals Virgata’s long-term commitment to Malta and its intention to support Plaza’s future growth and development. The off-market transaction took place at an execution price of €0.94 per share, representing a 38% premium over the previous traded price of €0.68. Plaza Centres focuses on Central and Eastern Europe, with projects in countries like Poland, Czech Republic, Romania, and India.
Virgata HQ Boosts Stake in Plaza Centres to 37.6%
Share on
Related posts
-
Hili Properties Sees Significant Trading Activity
Hili Properties, a company listed on the Malta Stock Exchange, has seen substantial…
-
Wall Street Moves Towards Round-the-Clock Trading
Wall Street is gearing up for a significant shift in trading hours, with…
-
Unlocking the Power of Telematics for Fleet-Based Businesses
Telematics technology has revolutionized the way fleet-based businesses operate, offering a wealth of…
-
Total Trade in Goods Deficit Hits €286 Million in October
The total trade in goods deficit reached €286 million in October, indicating a…
-
Non-Compliant Taxpayers ‘Rewarded’ by VAT System: A Loophole
Malta’s VAT system has been criticized for allegedly “rewarding” non-compliant taxpayers, raising concerns…
-
BOV Achieves ISO 37001 Certification, Strengthening Anti-Bribery Measures
Bank of Valletta (BOV) has received the ISO 37001 certification, demonstrating its commitment…
Search
About us
MALTA BULLETIN
Discover Latest News, Hot Topics, Politics and Entertainment News With Malta Bulletin