MaltaPost p.l.c. is the postal service company in Malta. The public limited company took over the postal services previously carried out by Posta Limited, and started operating on 1 May 1998. MaltaPost p.l.c. was registered with the Malta Registry of Companies as a public limited company on 16 April 1998. It took over from Posta Limited on 1 May of that year. On 31 January 2002, MaltaPost was partially privatized when the government sold 35% to Transcend Worldwide Ltd, a subsidiary company of New Zealand Post Ltd. In September 2007 the government sold 25% of its shareholding in MaltaPost to Lombard Bank plc, which effectively became the majority shareholder in the company with 60% shareholding. The other 40% were sold to the public in January 2008. More information...
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