A company which owned part of the building that collapsed in Paceville on Wednesday night, is considering legal action.

Santumas Shareholdings p.l.c. issued a statement on the Malta Stock Exchange, saying that it owns two properties in the lower part of the affected block, namely a ground-floor maisonette at 13, Tania Flats, Paceville Street, St Julian's and the overlying apartment 1.

The company issued a statement detailing the actions it took, and also thanking the authorities. It ended its statement by saying that while it will continue to monitor the situation closely, "it reserves all its rights at law and will pursue legal action, as may be necessary and opportune, to recover all damages suffered as a result of this incident, in order to safeguard its interests and those of its stakeholders."

Detailing the sequence of events, the company said that it had recently engaged its architect to inspect its premises in light of works being undertaken on an adjacent site owned by third parties.

"Through technical reports commissioned by the Company for the purpose of ascertaining and monitoring the state of its properties, the Company was notified on Monday, 9th June 2025, that the structural stability of the said premises had become critically compromised."

The company said that it "immediately alerted the relevant authorities on Monday, 9th June 2025, and maintained constant communication with the Occupational Health and Safety Authority, the Building and Construction Authority, and the Malta Police Force over the past days to ensure prompt action for evacuation of third-party properties overlying or adjacent to the Company's premises."

"The Company directly informed occupants and owners of properties overlying the Company's premises about the situation and demanded, in unequivocal terms, the immediate evacuation of all occupants within the block."

The Malta Independent had reported on Thursday, that the architect's report found issues such as, in Unit 13, the pillars forming the sides of the windows and main door were failing in compression, and also that the facade showed signs of warping. It also said that the front door could not be opened due to the altered frame, among other things. "These damages were not present at the time of the Condition Report" that had been conducted last November. As for flat unit 1, among other things the report read that new damages were noted in the common stairwell, between ground floor and first floor as well as that cracks shown the in the condition report having become far more noticeable, among other things.

In its statement on the Stock Exchange, the company said that on Wednesday, 11th June 2025, a second separate report was filed with the Malta Police Force by a Company representative together with the Company's architect. This report was submitted jointly with the architect of the developer of the adjacent site. The Company acknowledges with satisfaction that through the combined efforts of its directors and appointed representatives, local authorities took swift action to secure the area and evacuate the affected building, thereby averting what could have potentially resulted in serious and tragic consequences."

"Santumas Shareholdings p.I.c. hereby expresses its sincere gratitude to the Commissioner of Police, the Malta Police Force, and all aforementioned authorities for their work, professionalism, and dedication in addressing the Company's concerns. The Company further acknowledges their unwavering cooperation and invaluable support in ensuring that public safety was given absolute priority under the circumstances."

The Company assured all stakeholders that it will continue to provide its full assistance to the authorities in the aftermath of the incident. "The Company looks forward to supporting any investigation that the authorities have commenced, or are yet to undertake, in relation to the events of 11th June 2025."

"Finally, the Company emphasizes that while it will continue to monitor the situation closely, it reserves all its rights at law and will pursue legal action, as may be necessary and opportune, to recover all damages suffered as a result of this incident, in order to safeguard its interests and those of its stakeholders."