FEDO opens subscriptions through Viyana Portal for its MVR 55 million bond for the development of “Savor”
Dhivehi Investment Partners (DIP), a licensed investment management and advisory firm, serving as Principal Advisor to the Offer, is pleased to announce the opening of subscriptions for Fedo Private Limited’s MVR 55 million bond issuance through a private placement on the Viyana Platform of the Maldives Stock Exchange. Subscriptions will open on 21st August 2025 and close on 20th September 2025.
This marks Fedo Private Limited’s first bond issuance to be listed on the Maldives Stock Exchange — a major milestone in the company’s growth and its debut in the capital markets.
Structured as a conventional fixed-income investment, the bond offers a competitive annual return of 8.50%, payable twice a year, over a five-year term. Investors can participate with a minimum investment of 10 bonds (MVR 10,000). For example, an investment of MVR 100,000 will provide investors with a payment of MVR 12,483 every six months, which includes both interest and part of the principal, until the bond matures.
The proceeds from this bond will be used to fund “Savor” – a premium urban retreat and lounge facility in Hulhumale’. Designed for both tourists and corporate clients, Savor will feature multiple fine-dining restaurants with international cuisines, a state-of-the-art fitness centre, an infinity-edge pool, a purpose-built conference hall, and other high-end amenities.
Established in 2011, Fedo Private Limited is recognised as one of the Maldives’ leading construction and development companies, with a proven track record of delivering complex, high-value projects on time. The company’s focus on quality, technical expertise, and reliable performance has earned it a strong reputation with clients and partners.
DIP is proud to support Fedo in bringing this opportunity to the market, enabling investors to participate in a project that blends strong commercial potential with the development of high-quality tourism property in the Maldives.