Issue link: https://maltatoday.uberflip.com/i/1469874
maltatoday | SUNDAY • 5 JUNE 2022 12 COMMERCIAL The Gasan Foundation partners with Majjistral National Park to breathe new life into its buildings The Gasan Foundation confirms its support to the Majjistral National Park THE Gasan Foundation has confirmed its support for the Majjistral National Park to re- store the Villa at the park, lo- cated within the former Gha- jn Tuffieha military barracks. This building, formerly the old administration block of the barracks, presently lies in a dilapidated state, having been occupied by squatters in the past. Now under Management by the Majjistral Board and ad- ministered by the Heritage Parks Federation, which is made up of Din L-Art Helwa, Nature Trust and the Gaia Foundation, this latest social initiative by the foundation will see this historical property re- stored to its former glory. Once restored the Villa will be open to short-stay visitors looking to have a more immersive experi- ence with nature. It will have three bedrooms and a fully functioning kitchen as well as a lounge area and landscaped outside areas. The Chairman of the Foun- dation, Mr Joe Gasan said that the scope of the Foundation is to support social, environmen- tal, and cultural initiatives with a positive impact. This project, which involves the restoration of a historical building, which will be open for use by the pub- lic, ties in perfectly with the Foundation's vision. "The Foundation is looking forward to being involved in this project, even at grassroots level, and has already organized teams of volunteers employed with the Gasan Group to clear up the grounds as part of the Group's ongoing commitment to its CSR strategy." He added. Sammy Vella, Chairman of the Majjistral board thanked the Foundation for its gener- ous support, highlighting that this kind of partnership is the perfect example of how NGOs, Government and the private sector could work together to protect a part of Malta's nat- ural heritage. Darren Saliba, CEO for the park added that this year, in addition to con- servation works within the park boundaries, the Heritage Parks Federation, was also able to restore three of the barrack buildings, mainly through pri- vate companies sponsoring projects. This latest contribu- tion from the Gasan Founda- tion was the largest one to date and he thanked the Foundation for its support which brought the Strategic Plan, agreed with the Environmental Resources Authority, a step closer to com- pletion. Kinnie Spritz back to headline Malta's summer once again AFTER a phenomenal launch at the start of last summer, Kinnie Spritz is back to head- line Malta's summer once again. A 4% ABV alcoholic aperitivo, Kinnie Spritz offers a whole new aperitivo experi- ence that delighted both Kin- nie and non-Kinnie drinkers last summer. Blended with a unique mix of natural bit- ters and botanicals and Italian sparkling white wine from the Veneto region, Kinnie Spritz is a 'ready-to-drink' light alco- holic aperitivo that aims to add sparkle to the summer season. Whether alfresco, at home, out at a bar or by the pool, Kinnie Spritz should always be enjoyed poured into a glass goblet, with ice and a slice of orange to fully garnish the fresh aromas, fla- vour and experience. Relaunching with its popu- lar promotional offer, a Kinnie Spritz branded goblet glass will be given to consumers with every 4-pack purchased. Impact-investing fintech opens Malta base PROMETHEUS Technologies is in the process of establishing a base in Malta and will ben- efit from the very high calibre of post-graduate talent in ma- chine learning and investment research which is fostered by the University of Malta. This investment will be sup- ported through financial back- ing from Malta Enterprise, the development agency of the Maltese Government of up to €1M. Malta Enterprise Chief Ex- ecutive Officer Kurt Farrugia said: "We welcome Prometheus Technologies to the growing list of fintech startups from which we are seeing a grow- ing interest in Malta. Choos- ing the Maltese ecosystem for its supportive environment and Malta as their operational base as they develop their in- novative intellectual property in partnership with our world class University and talent pool demonstrates the fruitful re- sults of Malta Enterprise's as- sistance for startups''. James Hughes, Chief Exec- utive Officer of Vedra Part- ners and board advisor at Pro- metheus, previously Global Head of Dynamic Solutions at Natixis Investment Managers, and Global Head of Solutions at Aberdeen Asset Management said: "Prometheus is unique in delivering truly personalized asset management. The sup- port of Malta Enterprise will help drive the company's ex- pansion into the banking, in- surance and pension markets, ensuring that AI-driven sys- tematic investing is available through partners to retail in- vestors across these industries. The opportunity to allow indi- viduals to invest based on their own values creates a significant edge" The Company's leadership, its investors and advisors have a strong background in as- set management. Many of the team are former Aberdeen As- set Management professionals and are pioneers in machine learning investing. Prometheus has been working on the solu- tion in stealth mode for the last two years. Prometheus enables part- ners, including fintech's, banks, brokers, insurers and pension providers, to offer scalable, accessible institution- al grade investing to their retail customers. The company has developed a turnkey solution – based on AI investing – which offers alpha generation, as well as enabling each investor to have a personalized portfolio, and is designed to scale.