Tag: Hili Group
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ERA issues statement on trees uprooting in Comino: NGOs say this is not the end of the issue
The Environment and Resources Authority has issued a press release to clarify its decision regarding the uprooting of trees in Comino. ERA said that the trees to be uprooted will be replaced with Maltese trees and that Hili Group is obliged to plant 540 new indigenous trees on Comino. The environmental entity added that for…
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Hili Group’s dip into Maltese banking with a stock purchase
The news that Hili Group is the buyer of Unicredit’s to% share of Bank of Valletta was met with a resounding silence by the usual expert commentators of finance in the mainstream press. This is a big event in the small world of local finance and for various reasons. Hili Group and one of Malta’s biggest…
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Hili Ventures’ aggressive bid for its shares: investors undercut
Hili Ventures is currently making a very aggressive bid to buy back its shares of its subsidiary, Hili Properties from its investors in what investors have described as “daylight robbery”. Hili Properties issued an Initial Public Offering of its shares in November 2021 at €0.27 per share. The stock went public in the following of…
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The Battle for Comino: interview with Andre Callus
When Moviment Graffitti activists stormed Comino’s Blue Lagoon, removing deckchairs and umbrellas in protest, it was more than just an act of defiance. It was a symptom of a larger issue: Malta’s lack of environmental enforcement. “The authorities only act when they feel pressure from large numbers of angry people,” said Andre Callus, the de…
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Interview with Melo Hili over Hili Ventures’ Comino project
Following my articles on the Comino project by Hili Hospitality, a subsidiary of Hili Ventures, I interviewed the CEO of Hili Ventures, Melo Hili about the project. I’m not convinced by his answers in the sense that I still think that the project is being driven forward more with a sense of vanity to acquire…
