€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
ShipLowCost.com
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%
