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BUSINESS TODAY 24 November 2022

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€1.50 THURSDAY 24 NOVEMBER 2022 • ISSUE 182 WWW.BUSINESSTODAY.COM.MT INTERVIEW PAGE 5 PAGE 4 PAGE 33 PAGE 3 €7 million Qormi land grab will turn PAVI into major commercial hub platform is ten Corinthia to end 2022 with revenue topping €230 million Corporate tax reforms, need for compliance will be new norm PAUL COCKS PAVI Supermarket in Qormi has paid €7 million for around 65,000 sq.m of adjacent land with the aim of develop- ing a huge retail and commercial cen- tre, BusinessToday has learned. PG Group, owners of PAVI super- market, PAMA supermarket and shopping mall as well as the ZARA fashion and home brands, announced on Tuesday it had entered into a prom- ise of sale agreement for the land with Nylon Knitting Limited. The land was originally leased to Ny- lon Knitting for 150 years in 1963. STAR PERFORMER MSE FTSE 100 EUR EXCHANGE RATES Trading Date: 16 Nov 2022 Number of Trades: 82 Turnover: € 1,384,575.61 MSE TRX Index: 7,512.27 Change: -0.023% Name: 5.25% CBC UNS BD MT0000881210 - Currency € Last Traded: 16 Nov 2022 Price 101.000 Change +0.500 US Dollar 0.98634 British Pound: 0.87357 Japanese Yen: 142.78 Australian Dollar: 1.5258 Swiss Franc: 0.97070 7,052.62 -33.84 7,086.46 / 6,977.95 Value Net variation High / Low -0.48%

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