Malita suffers another resignation, delays AGM amid shareholder anger

The crisis engulfing government-controlled affordable housing company Malita Investments plc deepened further after one of its remaining directors, David Mallia, tendered his resignation, adding to a year marked by boardroom turmoil, financial collapse and mounting governance concerns. Mallia’s departure leaves even fewer directors in place following a succession of resignations and internal disputes that have … Continued

By Ivan Camilleri