| Bailey Dies In South Africa - maltastar.com team Thursday, August 29, 2002 The Newport-based ship repair business had managed the Malta Drydocks for a few years as from 1959 after the rundown of the British military forces from the islands Christopher Homfray Bailey, a household name with many middle aged Maltese people, died in Cape Town, South Africa, on Wednesday. Christopher Bailey, 71, was the chairman, chief executive and the major shareholder of CH Bailey. The Newport-based ship repair business had managed the Malta Drydocks for a few years as from 1959 after the rundown of the British military forces from the islands. Bailey�s experience at the drydocks was a rather short one and in 1963 the enterprise started being led by a council of administration without any involvement from CH Bailey. The company nevertheless had acquired a number of other interests in Malta. To date, CH Bailey�s major interests in the country lie in a shareholding in the strategically located Villa Rosa in St George�s Bay. The company has also interests in the hotel business in Tanzania. In the city of London, CH Bailey is known as one of the oddities of the London Stock Exchange. In fact, the company been listed since 1946 but to this day has never bowed to City convention, refusing to retain a stock broker and normally putting out its half-year results on Christmas Eve. |