This article forms part of a series exploring key procedures and rights under the Companies Act (Chapter 386 of the Laws of Malta) in the context of company liquidation. While not every step requires a direct court application, creditors and other stakeholders still play an active role in shaping the process. Once a company is placed into liquidation by a court order, the Official Receiver is automatically appointed as the liquidator. However, this appointment is not necessarily permanent. Under Article 229(4) of the Companies Act, creditors holding at least one-fourth in value of the company’s debt may formally request the…
On 19 June 2026, the Malta Financial Services Authority (“MFSA”) issued a circular drawing stakeholders’ attention to key amendments to Regulation (EU) 2017/1129, the Prospectus Regulation, and Regulation (EU) No 596/2014, the Market Abuse Regulation (“MAR”), introduced by Regulation (EU) 2024/2809 as part of the EU Listing Act package. The EU Listing Act is intended to make EU public capital markets more attractive and accessible, particularly for small and medium-sized enterprises, by reducing administrative burdens, compliance costs and regulatory complexity. The amendments highlighted by the MFSA apply as from 5 June 2026. A key change concerns the prospectus exemption threshold,…
On Wednesday 17th of June 2026, the Malta Stock Exchange hosted the ‘Ringing of the Bell’ ceremony to mark the listing of Challenge Aviation p.l.c. (the “Issuer”) €30 million 5.75% secured Bonds 2032 on the Official List of the Malta Stock Exchange (the “Listing”). The Listing represents a significant milestone for both the Challenge Group and Malta’s aviation sector, being the first secured bond issue backed by aircraft. Mr. Simon Zammit, Chief Executive Officer of the Malta Stock Exchange, expressed his best wishes to the Issuer on the successful commencement of trading. Mr. Yossi Shoukroun, Independent Non-Executive Director of the…