Tag: Fort Manoel


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 actions that allegedly endanger the repayment of a €50 million bond maturing next year. The dispute, involving some 3,000 bondholders and investors, marks a critical point in one of Malta’s most high-profile and long-delayed real estate projects....

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