Qala monster project hanging over our heads timesofmalta.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesofmalta.com Daily Mail and Mail on Sunday newspapers.
The police had had seven reports of incidents involving the same contractor who was working on a site in Sta Venera last March when an adjoining house collapsed, killing resident Miriam Pace, a court heard on Thursday.
Superintendent Robert Vella, handling investigations after the tragic episode, said the reports about Ludvic Dimech or LK Ltd, took place between October 2008 and December 2019.
Days after the Hamrun tragedy, the contractor was involved in a road collapse at Pender Gardens, St Julians.
Obviously [Dimech] is not the only contractor who had such incidents,” Vella pointed out, further noting that some of those reports concerned incidents involving Enemalta cables.
How Manoel Island is set to change maltatoday.com.mt - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from maltatoday.com.mt Daily Mail and Mail on Sunday newspapers.
The MSE Equity Total Return Index returned to negative territory, as it closed 2.5% lower, reaching 7,975.798 points – the lowest since November 2020.
A total of 21 equities were active, five of which headed north while another 11 closed in the opposite direction. Total weekly turnover increased by €0.16 million, as it amounted to €1.1 million, generated across 171 transactions.
The highest liquidity was recorded in the property sector, as turnover in Malita plc increased by more than ten times, amounting to €314,517. This was the result of five deals involving 349,463 shares, leaving no impact on the equity’s previous closing price of €0.90.
Malta Properties Company plc was also active but closed unchanged at €0.56. A total of 22,000 shares changed ownership across four transactions.
Midi has submitted a new masterplan for the Manoel Island project, scaling down the gross area of the new buildings by a third and increasing open spaces following new archaeological finds.
The revised plan comes six months after the Environment and Planning Review Tribunal annulled the environment impact assessment and outline development permit for the Manoel Island master plan. Conflict of interest concerns were raised after it was revealed the cultural heritage report that formed part of the EIA was drawn up by the son of one of MIDI’s directors.
On Thursday, CEO Mark Portelli told
Times of Malta that in its new submissions, Midi “conceded” land reclamation allowed by a 1999 deed of emphyteusis after considering concerns flagged by Gżira residents.