sentences:  was established on 16 April 1998, and it took over operations of Malta's postal service on 1 May of the same year.On 31 January 2002, MaltaPost was partially privatized when the government sold 35% to Transend Worldwide Ltd, a subsidiary company of New Zealand Post.In September 2007 the government sold 25% of its shareholding in MaltaPost to Lombard Bank, which effectively became the majority shareholder in the company with 60% shareholding.