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14.11.19 7 NEWS Letter of Intention The Director, Mr. Mohammed Azhar Ali of MASALA GLAMOUR LOUNGE LTD., declares their intention or the company to register for an Employment Agency licence in accordance to article 23 of the Employment and Training Services Act, 1990 (Act XXVIII of 1990). The activities proposed to be carried out are the following: 1) Recruitment Consultancy 2) Interviewing, selection and placements of candidates in employment 3) Recruitment of persons from abroad to employment in Malta or in an EU member state 4) Recruitment of persons in Malta for employment in Malta or in an EU member stateW 5) Advertising of the filling of vacancies 6) Keeping a register of applicants for employment Official Registered Office Address: Kegan, Nr.55, Triq ic-Citru, Iklin The office address of the premises at which the employment agency or employment business is to be carried out: 19, Triq il-Kappella, San Gwann, SGN 1345, Malta Company Registration Number: C88426 BOSTON Multi Family Office has an- nounced the formal completion of its management buyout following regula- tory approval. The buy-out was led by Katherine Ellis, who has become Chief Execu- tive Officer, and Alex McNee, who re- mains as Managing Director. It was financed with support from high net worth investors via Rockpool Invest- ments LLP. Announcing the regulatory approv- al, CEO Katherine Ellis said the MBO was a significant milestone for the Boston business: "The new investment through our partners at Rockpool will fuel our strategic organic and acquisition growth plans for the future. This in- cludes bringing new clients and new business to our Isle of Man headquar- ters, generating more European busi- ness through our Malta office and also developing our newest office in the Dubai International Financial Centre. "We also have the additional oppor- tunity to look for strategic acquisi- tions, in both our home jurisdictions and further afield, in order to broaden our service offering which will remain focused on private client and family office services." Boston Multi Family Office was founded in 2002 as a single family office and grew under private own- ership to become one of the Isle of Man's highest profile trust and fiduci- ary companies. While it has remained "very much business as usual" during the MBO transition, Boston has already recruit- ed a number of additional staff across its compliance, central finance and sales functions to help support further growth across its jurisdictional base. "Our heritage from our time as a sin- gle family office has always been to offer a high level of professional ser- vice and form deep relationships with our clients, who are typically high net worth individuals, international entre- preneurs and family offices," Ellis said. "Our ethos for the future is very much to continue to work with our existing clients and our existing intermediary network to further grow the business and to create the best environment for our staff to serve our clients." Commenting on the support from Rockpool, Mrs Ellis said the part- nership was a natural fit for Boston: "Rockpool and Boston both offer a bespoke, customer-centric offering for private families and corporates, meaning we understand Rockpool's investors and Rockpool's investors understand us. We are looking for- ward to a mutually rewarding partner- ship for both businesses." Ellis paid tribute to the team at Bos- ton, adding that all the staff have been supportive of the management buyout and are re-energised at the opportuni- ty to take Boston into its next phase: "As a business we are committed to ensuring we have the best culture to retain and attract the best staff, as well as to retain and attract clients through long-term, meaningful rela- tionships that will enable us to grow but also enjoy success along the way," she said. "We are all excited at the opportu- nities in all three of our locations and believe Boston's commitment to de- livering professional yet very personal service, along with our jurisdictional spread, make us very well placed to create solid and sustainable business in the areas in which we operate." Boston management buyout receives regulatory approval Katherine Ellis and Alex McNee ON Friday, Malta Interna- tional Airport welcomed the first flight and pas- sengers from Niš, mark- ing the inauguration of the second direct connection between Malta and Serbia. Flights to Serbia's third-largest city will be operated by Ryanair every Monday and Friday throughout the winter season; a schedule that makes the destination ideal for prospective trav- ellers eyeing a quick city break. Being one of the oldest cities in Europe, Niš has a lot to offer to history and archaeology buffs. From the remains of Constantine the Great's Roman palace to buildings going back to a time when the Ottomans occupied the city, Niš is wrapped in layers of history that can be peeled back to uncover a turbulent past. Niš is also renowned for its healing thermal baths, which are found at the foot of the impressive Suva Planina mountain range. Being one of Ser- bia's top paragliding spots and popular with skiiers in the winter months, the Suva Planina provides plen- ty of opportunity for adven- turous travellers looking for an adrenaline fix. Malta international airport welcomes first flight from Niš

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