Maldives government looks like a Business Company
1. Bank of Maldives
Share structure: Government 51%, STO4.2% MTCC 4.1% Provident Fund 7.3%] Community 4.1% Fund General Public 29.3%
2. Public Works Service
Share structure: Government 100%
3. DHIRAAGU
Share structure: Government 55% Cable and wireless 45%
4. Island Aviation Service
Share structure: Government 100%
5. Maldives Airports Company
Share structure: Government 100%
6. Maldives In-flight Catering Pvt Ltd
Share structure: Government 70% SATS 30%
7. Maldives Ports Authority
Share structure: Government 100%
8. Maldives Post Limited
Share structure: Government 100%
9. Maldives Transport and Contracting Company
Share structure: Government [direct52.5% , Indirect MSNL 7.5%] Private 40%
10.Maldives National Shipping Limited
Share structure: Government 100%
11.Maldives Water and Sewerage Company Pvt Ltd
Share structure: Government [direct 76% , Indirect] Private H.O.H 12% I.F.U 12%
12.Maldives Industrial fisheries Company Pvt ltd
Share structure: Government 100%
13.Nasandhra Palace Hotel
Share structure: Government 100%
14.Hulhumale Development Corporation
Share structure: Government 100%
15.State Trading Organization Ltd
Share structure: Government 92.48% Public 7.52%
16.State Electric Company ltd
Share structure: Government 1005
17.Maldives Tourism Development Corporation
Share structure: Government 45% Public 55%
18.Addu Investment Pvt Ltd
Share structure: Government 70% Shungrilla 30%
19.Housing Development and Finance Corporation
Share structure: Government 100%
20.Allied Insurance Company of The Maldives Pvt Ltd
Share structure: Government [ Indirect, STO 100%
21.Air Maldives ltd
Share structure: Government 51% Naruli Barhadh 49%
22.Villigili Investment Pvt Ltd
Share structure: Government 30% , Energy Tours 70%
23.Madivaru Holding Pvt Ltd
Share structure: Government [direct 25% , Indirect I.A.S.9% M.A.C.L7S.T.O 1.6%] General Public 57.4%
18 comments:
Hey Thuthu,... You have quite a good research done...
and still most of the people live in poverty??? no proper mode of traveling. what the heck are they doing with all the money?
Good research. That's why we changed the government from Republic of Maldives Private Limited to a democracy!
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