Company
Maldives Stock Exchange
In the news, last 90 days
Economy
Medtech Maldives Launches MVR 80 Million Sukuk for Malé Development
Medtech Maldives Private Limited is offering a MVR 80 million Shariah-compliant sukuk to finance an oceanfront development in Malé housing clinics, medical facilities, offices, parking and a terrace restaurant. The issuance, arranged by First National Finance Corporation, is listed on the Viyana Board of the Maldives Stock Exchange with subscriptions open until 30 November 2026.
Society
Former Dhiraagu chairperson Rilwan Shareef passes away
Former Dhiraagu chairperson and Villa Air managing director Rilwan Shareef died while receiving treatment at Indira Gandhi Memorial Hospital, six months after suffering a stroke. He previously served as State Minister and Deputy Minister of Finance, held a board seat and chairperson role at Dhiraagu, and was a director of the Maldives Stock Exchange.
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.
Where and about what
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