Count Chevalier Anthony C. Coleiro appointed Non-Executive Director at Luxury Living Finance

Count Chevalier Anthony C. Coleiro has been appointed Independent Non-Executive Director at Luxury Living Finance, following the resignation of William Wait from the position of Director.

Count Chevalier Coleiro is a Hospitality and Tourism Chartered Consultant by profession. He is also the Chairman of the Malta Tourism Authority Enforcement Board, and the Managing Consultant of YUE Co. Ltd, Sundown Court Leisure Resort, and Euroclub Hotel.

He has also held various positions and designations in the hotel and tourism sector throughout his long career.

Last April, Luxury Living Technologies, the parent company, lost a court case against the Ministry for Energy over a tender for solar installations. The company submitted multiple bids for installations with capacities between 1,380kW and 7,000kW. One of these bids were concerning a 26,000sqm site in Mqabba. The bid was disqualified because the Planning Authority had not yet issued a screening letter, but only an acknowledgement that a screening application had been submitted.

The company also argued that the contracting authority had unilaterally extended the validity period of the bids when it awarded the contracts after that time had passed.

The Court of Appeal dismissed the case, criticising the “contradictory and inconsistent” behaviour of the appellant and its “irrelevant” arguments.

Earlier this year, Luxury Living Technologies was served with a garnishee order for an unknown amount, while for the financial year ending 30th June 2023, it posted revenues that were less than a third of what it projected.