Company
Maldives Tourism Development Corporation (MTDC)
In the news, last 90 days
Economy
MTDC inaugurates new 10-storey office complex in Hulhumalé
MTDC inaugurated a new 10-storey office complex in Hulhumalé Phase I, developed on a plot of approximately 6,195 square feet, to add rental income beyond tourism. Managing Director Haris Mohamed said MTDC is considering another commercial office building in the Greater Malé area, with preliminary work expected to begin in the near future.
Economy
MSD urges shareholders to convert paper certificates to digital shares
The Maldives Securities Depository has urged the roughly 37,770 shareholders still holding paper share certificates to convert them into electronic shares via its Infinity.mv platform. MSD CEO Noorban Fahmy said the move would modernise the capital market and protect investors' shares, while noting that registration alone does not convert certificates and that dematerialisation is a separate process.
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