MaltaToday previous editions

MALTATODAY 31 October 2021

Issue link:

Contents of this Issue


Page 15 of 51

16 maltatoday | SUNDAY • 31 OCTOBER 2021 NEWS Hili Properties plc is a subsidiary of Hili Ventures Limited | Hili Properties, Nineteen Twenty Three, Valletta Road, Marsa, MRS 3000, Malta | T 00356 2568 1200 | E advertisement REPRESENTING A 7% DISCOUNT* ON THE €0.29 PER SHARE VALUE CASHGENERATING BUSINESS | WHOLLYOWNED, DIVERSIFIED PROPERTY PORTFOLIO | FOCUSED SOLELY ON INVESTMENT IN REAL ESTATE | 9YEAR SUCCESSFUL TRACK RECORD ACROSS EUROPE 185,185,185 New Ordinary Shares at an issue price of €0.27 per share ESTONIA | LATVIA | LITHUANIA | MALTA | ROMANIA 4% DIVIDEND PER ANNUM** For more information one should refer to the Prospectus dated 25 October 2021 ("Prospectus"), which may be downloaded from the Company's website Copies of the Prospectus are also available, together with application forms, from Authorised Financial Intermediaries listed on the Company's website during o'ce hours. Applications for the Equity Issue may be made for a minimum of 4,000 shares and in multiples of 100 shares thereafter. The subscription period is between 4 November 2021 and 26 November 2021 (both days included) or earlier if fully subscribed. The shares are expected to be admitted to the O'cial List of the Malta Stock Exchange on 15 December 2021 and trading is expected to commence on 16 December 2021. *The net asset value of the Ordinary Shares of a nominal value of €0.20 as of 30 June 2021 is of €0.29. New Ordinary Shares issued at a price of €0.27 represent a reduction of €0.02 or a 7% discount on the net asset value as at 30 June 2021. The price of shares to be listed and traded on the MSE may fluctuate depending upon the liquidity of the market and not necessarily represent the Issuer's financial position. **A 4% total net dividend distribution as per the Issuer's Distribution Policy in the Prospectus is only an estimate and may not be a reliable indicator of dividend distributions based on the Company's future financial position and performance. Dividend payments may vary and are not guaranteed. This advert has been issued by Hili Properties p.l.c. ("Issuer"), a public limited liability company with registration number C 57954 and having its registered o'ce at Nineteen Twenty Three, Valletta Road, Marsa MRS 3000, Malta. A Prospectus has been issued by the Issuer for the o£er of New Ordinary Shares and an application was made for the shares to be listed on the Malta Stock Exchange ("MSE"). The Malta Financial Services Authority ("MFSA") authorised the Prospectus and the shares as eligible to listing on the MSE pursuant to the Capital Markets Rules. The approval of the Prospectus by the MFSA should not be understood as an endorsement of the New Ordinary Shares o£ered and admitted to trading on the O'cial List of the MSE. The value of the investment can go down as well as up and past performance is not necessarily indicative of future performance. Investing in shares of the Issuer may result in a loss of some or all of the capital invested. Prospective investors should read the Prospectus prior to making an investment decision in order to fully understand the potential risks and rewards associated with the decision to invest in Shares of the Issuer. Prospective investors are urged to consult their independent financial advisor as to the suitability of investing in Shares of the Issuer. This advert has been approved for issue by Calamatta Cuschieri Investment Services Limited ("CCIS") on behalf of the Issuer. CCIS acts as Sponsor to the issue. CCIS is licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap 386. CCIS, Ewropa Business Centre, Triq Dun Karm, Birkirkara BKR 9034, Malta. LUKE VELLA DEMONSTRATORS danced and shout- ed, "Enough is enough" and "There is no us and them," as they marched through the streets of Valletta on Saturday morn- ing. The protest was called following the case of Jaiteh Lamin, the migrant work- er who was abandoned by his employer on the side of the road, following a an accident on a construction site. They said that this was not an isolat- ed event and that precarious work is a serious issue in Malta, "Despite our differences, we all want the same thing equality for all." Caroline Galea, the person who found and helped Jaiteh appealed to the crowd of around 200 people, "I know you are in pain I know you are angry. We heard Jaiteh's cries, we heard his pain. This need to change." "Make it safe for both employees and employers and leave no opportunity for exploitation at work. In a world so very corrupt, we need to unite. We need to unlearn. We need to stop turning back on people," Galea stated. She called for the Maltese Government to protect the rights of the workers, re- gardless of their status and provide a solution for undocumented workers living in Malta. "Malta boasts a strong economy thanks to the hard work of people from around the world who have made these islands their home. We rec- ognise their labour and contributions and call for the end of exploitation and abuse". Galea also called for the government to provide the opportunity and possibil- ity for all work to be safe, dignified and regulated. "Recognise that every live matters regardless of the residential sta- tus. Support people in reaching acces- sible services across Malta and Gozo." "We want to live in a Malta where everyone feels safe. Where everyone feels empowered to take opportunities and possibilities […] and follow their dreams," Galea said. The nephew of Jamail, Ebrima Jabbie gave a passionate speech about the need for love, respect and dignity. He also re- membered his "brother Lassana Cisse who was gunned down because he was black". He said that his uncle was dumped like garbage and said that while there are good people in Malta, there are some bad ones who do not value the lives of Africans. "You went to Australia and America and we came to Malta for a better life. Please open your hands for us.," he pleaded. Another speaker, Doris pleaded to the media to report on the update to the Specific Residence Authorisation (SRA) policy by Identity Malta. "A lot of us are losing our jobs and not going to hospital because of SRA. Please help us. We are part of the human race". 'No us and them' say anti-racist activists in Valletta march Activists Caroline Galea (top) hugs one of the participants at the anti-racism demonstration yesterday, while Omar Rababah, a human rights activist and presenter of MaltaToday's Maltin Bhalek, leads the demonstration through Republic Street "We want to live in a Malta where everyone feels safe. Where everyone feels empowered to take opportunities and possibilities […] and follow their dreams"

Articles in this issue

Links on this page

Archives of this issue

view archives of MaltaToday previous editions - MALTATODAY 31 October 2021