Issue link: https://maltatoday.uberflip.com/i/1270964
14 maltatoday | SUNDAY • 19 JULY 2020 COMMERCIAL Shopping Mall plc successfully raises €40 million from bond issues SHORELINE Mall p.l.c. has suc- cessfully closed the Offer period for its Bond Issue well ahead of its closing date. The Bonds were fully subscribed within five days from the opening of the Offer and the Company expects that the Bonds will be listed by end of July 2020. Ben Muscat, the Company's Chairman stated: "Consider- ing the adverse current mar- ket conditions created by the pandemic, the Issuer's board of directors regard the full sub- scription to the Bonds in less than a week from the Offer's opening as an emphatic vote of confidence by investors in the Shoreline Mall Project. Our landmark development is cre- ating a positive momentum for both commercial and residen- tial investment in the south of Malta and in the process, will improve the quality of life in this location not least by cre- ating significant employment opportunities." The company would like to thank its sponsor, advisors, financial intermediaries and the public at large, in making this Bond issue a success. The Shoreline Mall is designed to be the most modern and inno- vative mall on the island, creat- ing a unique and sophisticated destination within SmartCity Malta. The Company has, to date, concluded a large num- ber of Letters of Intent and Expressions of Interest with representatives of the major retail brands already present in Malta, as well as with rep- resentatives of a number of in- ternational fashion brands not presently in Malta. The Mall's brand and retail mix is continually reviewed by Shoreline Management and its retail consultants with a view of delivering a unique retail offer. It is to be noted that no signifi- cant retail shopping malls cur- rently exist in the south, which, inversely, is where most of the Maltese population resides. Currently, these residents have to drive or commute towards other parts of the island to visit shopping facilities. This is the primary target market of the Mall, given that it will be within a 15-minute drive from the most densely populated part of the Maltese Islands. The Shoreline Mall will be offering a safe, unpolluted and child-friendly shopping experi- ence like no other, supported by a spacious, secure and intel- ligent parking facility for ease of access and maximum con- venience - surely the future of shopping in Malta. This article does not intend to give any investment advice and the contents herein should not be construed as such. The value of investments may in- crease or decrease and past performance is not an indica- tion of future performance. Emirates' A380s return to the skies EMIRATES will deploy its icon- ic A380 on its daily Amsterdam service, and add a second daily A380 service to London Heath- row starting from 1 August. This announcement follows the Emirates A380's return to the skies today with EK001 to London Heathrow taking off from Dubai International air- port at 07:45, and EK073 at 0820hrs, carrying commercial passengers onboard this flag- ship aircraft for the first time since March. Emirates flight EK073 will re- ceive a special welcome on ar- rival at Paris Charles De Gaulle, as it becomes the first and only scheduled A380 flight to op- erate at this major European airport since the pandemic be- gan. Emirates also marked the restart of scheduled passenger services to seven more cities - Athens, Barcelona, Geneva, Glasgow, Larnaca, Munich, and Rome – offering its cus- tomers more travel options. Over the next days, the air- line will resume flights to Malé, Washington DC and Brussels. Emirates currently serves over 50 destinations in its network, facilitating travel between the Americas, Europe, Africa, the Middle East and the Asia Pa- cific through a convenient con- nection in Dubai for customers across the world. Premium customers can en- joy Emirates' Chauffeur Drive service and relax in its Lounge facility at Dubai Internation- al airport, with the restart of these signature services after a full health and safety review. Emirates has also re-opened its dedicated Emirates Skywards counters at Dubai Internation- al airport to serve its frequent flyers. Customers from Emirates' network can now to travel to Dubai as the city has re-opened for business and leisure visitors with new air travel protocols that safeguard the health and safety of visitors and commu- nities. Break out of your comfort zone: join the THINK soapbox FOR humans, it's a rule of thumb to seek comfort and sol- ace. Whether you're on your first date or walking across cam- pus for the hundredth time, you search for familiar faces, voices, and signs - anything to soothe our uncertainty in everyday sit- uations. Though feeling secure and at ease can be comforting, breaking past hesitancy and fear is essential when embracing something new. Thus, on that note, break your personal comfort zone and join us this Tuesday, July 21st for our THINK Soapbox event! Authors from the latest issue of THINK Magazine will be speaking about their re- search and past experiences in a friendly, casual manner. Indi- viduals from diverse fields and professions will open the floor to attendees to weigh in on ide- as, thoughts, and viewpoints. And, remember: the first step to breaking comfort zones is engaging in conversations, so please feel free to reach out to us if you would like to start a discussion yourself. We're looking forward to welcoming you to an evening of stimulating and fearless di- alogue. Major brands and operators are expressing firm interest in the Shoreline Mall at SmartCity in Kalkara