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Wednesday, 28 Oct 2026
Topic Archive

#State Trading Organization (STO)

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STO to distribute MVR 65 per share as dividend
Business

STO to distribute MVR 65 per share as dividend

State Trading Organization (STO) has passed to distribute MVR 65 per share as dividend to its shareholders during the Annual General Meeting (AGM).  STO held its Annual General Meeting (AGM) 2021 on May 30, 2022, Crossroads Maldives. The amount was passed a...

STO begins using “Hakathari” sticker on electronics
Business

STO begins using “Hakathari” sticker on electronics

State Trading Organization (STO) has begun using energy efficient stickers “Hakathari” on electronics imported to the Maldives by the company. The program to use energy labels in STO products was launched by Environment Minister Aminath Shauna and Managing...

STO's Annual General Meeting to be held on May 30
Business

STO's Annual General Meeting to be held on May 30

STO's Annual General Meeting is scheduled to be held on May 30, 2022. The event will be held at Crossroads Maldives at 2100hrs. The meeting will also be held online at Microsoft Teams Live events. According to STO, opportunities are open for the sharehol...

STO Board approves to distribute MVR 65 per share
Business

STO Board approves to distribute MVR 65 per share

The Board State Trading Organization (STO) has been decided to distribute MVR 65 per share. Although the board of STO approved the amount of profits to be distributed, the amount will be distributed with the approval of the Annual General Meeting. The date...

STO held a Children's evening to mark Children's Day
Business

STO held a Children's evening to mark Children's Day

State Trading Organization (STO) held a Children's evening to mark this year’s Children's Day. The event, titled "IV Kids Evening", was held yesterday at STO People's Choice. The evening was organized jointly by STO, Asrafee Bookshop Peek-a-boo, and City Ba...

STO begins donating a gift pack to every child born at KRH
Business

STO begins donating a gift pack to every child born at KRH

State Trading Organization (STO) has begun giving a gift pack to every child born at Kulhudhuffushi Regional Hospital (KRH). According to STO, the campaign began yesterday is part of company’s "Gift to Every Child Born". Moreover, the campaign also began ye...

STO generates MVR 4 billion in revenue in the first quarter
Business

STO generates MVR 4 billion in revenue in the first quarter

Stated Trading Organization (STO) generates an income of MVR 4 billion in the first quarter of this year. According to the quarterly report released by the company, the company's revenue increased by 23% compared to the last years fourth quarter. This is ex...

96 Ambulances handed over to Government by STO
Business

96 Ambulances handed over to Government by STO

As a part of the contract with Government and State Trading Organization (STO) to bring Ambulances for Hospitals and Health Centers in atolls, all the Ambulances has been brought to Maldives and handed over to the Ministry. The ambulances were handed over to...

STO to triple the size of Supermart
Business

STO to triple the size of Supermart

Managing Director of State Trading Organization (STO) Hussain Amru has revealed the Supermart space of the company is set to be increased threefold before the holy month of Ramadan. Amru made the remarks while speaking on a programme of PSM News. He stated...

STO opens an Oil testing Laboratory
Business

STO opens an Oil testing Laboratory

State Trading Organization (STO) has opened a laboratory to test the quality of oil imported into the Maldives. The laboratory was inaugurated by Chairman of STO Hamid Nashid and Managing Director Hussain Amru at a ceremony held in STO Trade Center. Acco...

STO held meetings with Kulhudhuffushi City Council and KRH
News

STO held meetings with Kulhudhuffushi City Council and KRH

State Trading Organization (STO) held a meeting with Kulhudhuffushi City Council and Kulhudhuffushi Regional Hospital (KRH). The meeting was attended by Managing Director of STO Hussain Amru and North Kulhudhuffushi MP Yasir Abdul Latheef. During the...

STO launches "Fini Fini Hitachi" AC promotion
Business

STO launches "Fini Fini Hitachi" AC promotion

State Trading Organization (STO) has commenced the "Fini Fini Hitachi" promotion aimed at the Air Conditioners (AC) of the Hitachi brand sold by the company. Customers who purchase Hitachi AC will receive special discounts under the promotion. Moreover, fro...

STO donates paint to Komandoo Health Center
News

STO donates paint to Komandoo Health Center

State Trading Organization (STO) has donated paint to Komandoo Health Centre under their CSR activity.  According to Komandoo Health Centre, they have received paints required for the Health Centre building and doors. Moreover, painting works will be comple...