Why? Malta’s Calamatta Cuschieri Selling Its Offices As Restructuring Is Delayed!
CC Finance Group plc reported heavy losses in its financial statements ending June 2022, as reported by Fintelegram. It now transpires that CC Finance Group, the company behind Calamatta Cuschieri, has entered into a promise of sale agreement to sell its offices in Valletta for € 3.15 million. No reason was given behind the sale of this building in Malta’s capital city. It was announced that a board of directors meeting shall be convened on 21 April 2023.