Malita Investments’ Chief Operations Officer resigns

Malita Investments has announced that Amanda Desira has resigned from her position as Chief Operations Officer.

Perit Desira had been appointed COO of the real estate firm in August 2024. She led its portfolio of construction projects and managed its day-to-day operations.

Prior to joining Malita, she held an executive position at Government-led Project Green within its Projects Department.

Malita Investments extended its gratitude to Perit Desira for her service.

The departure of the COO is the latest in a string of personnel changes at the helm of the listed company, in which the Government has a majority shareholding.

Late last year, the Opposition and the Malta Association of Small Shareholders called for an independent investigation into the company amidst missed dividend payments, a tumbling share price, disputes with contractors over unpaid dues, and allegations of corruption.