Issue link: https://maltatoday.uberflip.com/i/1431464
20 NEWS maltatoday | SUNDAY • 21 NOVEMBER 2021 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 info@hiliproperties.com 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** hiliproperties.com For more information one should refer to the Prospectus dated 25 October 2021 ("Prospectus"), which may be downloaded from the Company's website www.hiliproperties.com. 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. JAMES DEBONO A report on candidates' perfor- mance in their Maltese O' level blames frequent grammatical and orthographical mistakes on the tendency of students "to write as they feel" without any consideration for rules. The examiners attributed these grammatical shortcom- ings on the "influence of hap- hazard writing on Facebook" and the lack of reading and communication in Maltese. This year's annual examiners report on candidates' perfor- mance in their Maltese O' lev- el denounced the "exaggerated and incorrect" use of the word 'naqa', a colloquial, somewhat endearing term used instead of 'naqra' (little) or 'ftit' (a few). The report documents the in- correct use of the word, which is often used during online or everyday conversations. One candidate even managed to use 'naqa' three times in the same sentence: "Immur ngħin naqa lil missieri niżbarazzaw naqa affarijiet u nsuq naqa l-mutur tiegħu." (I went to help my fa- ther a bit to clear some things and drive his motorcycle for some time). As denounced in previous re- ports, various students either resorted to English words or created bilingual hybrids in their essay writing. These hy- brids included 'avijabbli' (avail- able), 'jispredjaw' (they spread), 'nirrikwestja' (we request), 'wit- nessi' (witnesses), 'qomt fis-sit- ta o'clock' (I woke up at six o' clock) and 'fil-pinikal tal-Cov- id', (at the peak of the pandem- ic). Other students resorted di- rectly to English words like 'bot- tle tax-xampanja' (champagne bottle), 'ommi haditha easy' (my mother took her time), 'sir- na best friends' (we became best friends), and even direct trans- lation of English idioms 'qabdit- li għajni' (caught my eye), 'logħ- ba futbol li ħadet post' (took place), 'tieħu f'kunsidra' (take into consideratio), and 'ma tafx il-futur xi jżomm' (what the future holds). In various cas- es, examiners also denounced poor expression and wrong use of plurals like 'xmari' instead of 'xmajjar' (rivers), 'flus folza' in- stead of 'flus foloz' (counterfeit money). "It is clear that some candi- dates find it difficult to wrote and express themselves in Mal- tese… some candidates lack lucidity in their thinking and often one finds no connection between different paragraphs while others fail to make a dis- tinction between written and colloquial Maltese." The examiners found "a lack of imagination" and poor ide- as and a lot of repetition. In some instances some of those writing an essay on 'L-imxija tal-pandemija' (the spread of the pandemic) wrote about a walk (mixja). Some even failed to write in paragraphs, writing their essay in one big chunk. But they also found a number of good essays which included a refined use of the Maltese lan- guage with a number of candi- dates also referring to the neg- ative psychological impacts of the pandemic due to its impact on socialisation. Nearly two-thirds of those sit- ting for the exam managed to obtain a pass-mark but only 3% obtained a Grade 1 mark. Near- ly 40% of candidates obtained a Grade 4 or Grade 5 mark. Dak in-naqa Facebook... examiners shocked at bastardised Maltese Examiners blame Facebook for essays in which students use English words and informal, colloquial language Howlers Can you guess what they tried to say? • Avijabbli • Witnessi • Tieħu f'kunsidra • Fil-pinikal tal-Covid • Qabditli għajni • Xmari Examiners attributed these grammatical shortcomings on the "influence of haphazard writing on Facebook" and the lack of reading and communication in Maltese.