Maldives Stock Exchange (MSA)
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BusinessMSD launches online booking system to streamline services
The Maldives Securities Depository has launched an online booking system to streamline shareholder services and reduce wait times. Clients can now schedule appointments via the MSD website for services like account opening. After a three-month transition, the office will move from accepting walk-ins to an appointment-only model.
BusinessUSD 72 million cost to secure majority stake in Dhiraagu
The Maldivian government must spend approximately $71.7 million to acquire an additional 9.2% stake in Dhiraagu to gain majority ownership. Based on current market values, the state needs to purchase 6.9 million shares from Bahrain-based Beyon. This move aligns with President Muizzu’s goal of increasing the state's holding to 51 percent.
