MIDI plc, the publicly listed concessionaire tasked with the redevelopment of Manoel Island and Tigné Point, has entered a renewed period of scrutiny following its announcement of a preliminary agreement to transfer Fort Tigné to a private developer. The move has raised immediate legal and governance questions due to the specific conditions imposed by the original concession agreement signed with the Maltese government more than two decades ago....
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NEWS Malta
December 11, 2025
MMH investment talks and bond outlook
Bondholders in Mediterranean Maritime Hub, widely known as MMH, continue to face uncertainty regarding the recovery of their €15 million investment linked to a 2016 bond issue. The future of...
NEWS Malta
November 13, 2025
MIDI plc warns Malta over €50m Manoel Island bond dispute
In a sharply worded judicial letter, MIDI plc, the company holding the 99-year concession to redevelop Manoel Island into a luxury mixed-use complex, has formally accused the Maltese government of...
NEWS Malta
October 13, 2025
Manoel Island dispute halts settlement talks
Negotiations between the Maltese government and MIDI PLC regarding a possible out-of-court settlement for the return of Manoel Island to public ownership have reportedly ground to a halt. According to...