22 MAY 2002 |
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Investors Corner Mizzi Organisation Finance launches Lm5 million 6.7% Bonds 2009 2012 Mizzi Organisation Finance plc this week launched a public bond offering of Lm5 million at 6.7% interest, payable in arrears every six months. Each bond has a nominal value of Lm100. These bonds will be on sale from tomorrow and the offer will close on 31 May 2002 or earlier at the Companys option Outstanding results for Institute of Financial Services students Financial services students coming from the Central Bank of Malta, Bank of Valletta and HSBC have recently attained outstanding results in their examinations leading to the joint award of ACIB and BSc Financial Services awarded by the Institute of Financial Services (UK) and the University of Manchester (UMIST) Lombard Bank to acquire participation in Gasan Fund Management Lombard Bank Malta and the Gasan Group have reached an agreement in terms of which the Bank will acquire a 75 per cent participation in Gasan Fund Management Limited Property & Construction 2001 construction activity jumps 10% The Central Bank of Malta reports that over the nine months leading up to September 2001, turnover in the construction industry was some 10 per cent higher than in the corresponding period of the previous year Real estate prices rise 5%, in line with retail price index Real estate prices had risen by some five per cent last year, according to data recently released by the Central Bank of Malta. However, the bank adds that the rise was only slightly more rapid than that in the RPI |
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