In terms of Regulation 5(4) of the Control of Concentrations Regulations 2002, published in the Legal Notice 294 of 2002, the Director General of the Office for Competition notifies for general information that a notification of a joint venture between M&Z Group Limited (Qormi, Malta) and BPM Limited (San Pawl tat-Tarġa, l/o Naxxar,Malta) was filed on Friday, 24 May 2019.

The purpose of the proposed joint venture is for M&Z Group Limited and BPM Limited to develop a land in Marsa.

The economic sectors involved in this concentration are those concerning property development/construction sector, the commercial property development sector, the industrial uses of property sector, the letting of commercial property and the sale of commercial property. 

The Director General of the Office for Competition invites interested third parties to submit their written observations on this notified concentration.

Such written observations should reach the Office for Competition within seven days following publication of this notice.