Malta’s state-backed property investment vehicle, Malita Investments plc, is facing an unprecedented financial and governance setback. The publicly listed company, which has traditionally been tasked with supporting major national development projects—including large-scale social housing initiatives—is now seeking external bank financing after exhausting its internal capital reserves. The situation has raised concerns about oversight, strategic decision-making, and governance continuity within an organisation regarded as central to the country’s affordable housing framework....

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