Issue link: https://maltatoday.uberflip.com/i/1508084
€1.50 THURSDAY 21 SEPTEMBER 2023 • ISSUE 224 WWW.BUSINESSTODAY.COM.MT PAGE 5 PAGE 4 DB Group's holding company has €350 million in assets Ozo Group partners up with Slave-Free Alliance to prevent worker exploitation PAUL COCKS SD Holdings, the holding company for the db Group and its ancillary com- panies, held total assets of €349.96 million as at 31 March 2022, up from €328.46 million in 2022. This was re- vealed in a financial analysis summary of the group's finacial year ended 31 March 2023, published on Wednesday by SD Finance plc, the group's finan- cial arm. SD Holdings is the parent and hold- ing company of the Group which is a family-owned business engaged in activities related to the hospitality, leisure, catering, and entertainment industries. In June 2023, the Group's Chairman Silvio Debono distributed part of his shareholding in SD Holdings Limit- ed to his wife (Veronica Debono) and four children (Robert Debono, Victo- ria Debono, David Debono and Alan Debono) and effectively concluding the family succession planning pro- cess. The Group owns and operates three hotels, namely the db Seabank Resort & Spa ("Seabank") situated at Għadira Bay, Mellieħa, the db San Antonio Ho- tel & Spa ("San Antonio") situated in Buġibba, and the Melior Boutique Ho- tel located in Valletta. SD Holdings also operates the Adeera Complex in Mellieħa Bay (which com- prises three restaurants – Westreme, Amami, and Blu Beach), PickNGo convenience store in Mellieħa, as well as other restaurants located in Valletta (AKI) and Buġibba (Nine Lives). In FY2023, the Group opened LOA and Sonora restaurants in St. Paul's Bay, and Amami Food Bar situated in the University Campus Hub. STAR PERFORMER MSE FTSE 100 EUR EXCHANGE RATES Trading Date: 20 Sep 2023 Number of Trades: 84 Turnover: € 1,376,138.18 MSE TRX Index: 7,970.52 Change: -0.489% Name: 4% EDF PLC UNS MT0000141227 - Currency € Last Traded: 20 Sep 2023 Price 99.000 Change +1.000 US Dollar 1.0388 British Pound: 0.86477 Japanese Yen: 144.59 Australian Dollar: 1.5451 Swiss Franc: 0.98700 7,587.67 75.67 7,592.39 / 7,512.00 Value Net variation High / Low +1.01% → direct Sign up today! My card, digital, global & free. 2557 4400 medirect.com.mt MeDirect Bank (Malta) plc, company registration number C34125, is licensed by the Malta Financial Services Authority under the Banking Act (Cap. 371). OZO Group have signed a partnership with Slave-Free Alliance to prevent any exploitation and modern slavery within its operation. Slave-Free Alliance is part of the non-profit Hope For Justice and works with organisations to protect human rights in operations and supply chains. Slave-Free Alliance's Rachel Hartley said the group is delighted to partner with Ozo Group in identifying and mit- igating the risk of labour exploitation and modern slavery in business.