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MALTATODAY 9 June 2024

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maltatoday | SUNDAY • 9 JUNE 2024 7 COMMERCIAL Hydra beauty micro serum levres TRAVEL-FRIENDLY, senso- rial, and intensely hydrating: CHANEL presents HYDRA BEAUTY Micro Sérum Lèvres, a next-generation lip care prod- uct that contains thousands of camellia micro-droplets. For a burst of hydration with every application. MICROFLUIDICS, FOR EN- HANCED LIP HYDRATION At the heart of the HYDRA BEAUTY Micro Sérum Lèvres formula is a cutting-edge mi- crofluidic technology that preserves the power of white camellia by encapsulating it within thousands of micro droplets. Upon application they melt into the skin on contact. These white camellia OFA* micro-droplets are combined with intensely plumping hyalu- ronic acid, which captures and locks in moisture. Lips look and feel protected, nourished, and soothed and are perfectly prepped for makeup. • Lips look 49 %** plump- er. . • They appear 70 %** smoother. • Natural lip color appears 62 %** more vibrant. EY Engage 2024: Leveraging AI, data, and cloud technologies for business transformation IN today's rapidly evolving digi- tal landscape, the integration of artificial intelligence (AI), data analytics, and cloud technolo- gies is revolutionizing the way businesses operate. For technol- ogy leaders, CIOs, and CTOs, these advancements are critical to driving innovation, enhanc- ing productivity, and ensuring robust cybersecurity. AI presents vast opportuni- ties to reshape business by con- ceptualizing new models and services. Identifying the most impactful AI use-cases and suc- cessfully embedding AI initia- tives within the overall business and technology strategy is cru- cial for securing investment. As AI becomes the cornerstone of innovation and success, it allows businesses to reimagine their fu- ture. Harnessing AI capabilities is transforming the way we work and interact, ushering in a new era of technological innovation. AI services designed to enhance productivity, creativity, and skill levels are becoming indispen- sable tools for modern enter- prises. Technology leaders need to focus on strategic priorities and high-impact projects while maintaining rigorous standards for security, compliance, priva- cy, and responsible AI usage. Data's evolving landscape de- mands reliable data governance. Organizations must balance da- ta's value proposition with eth- ical practices and adherence to changing regulations. Reliable data governance makes use of AI and automation to stream- line data management, controls, and monitoring while keeping a human-centric approach for the contextualization of data, ethical considerations, and better adop- tion. This actionable, adaptable, and ethical data governance, built on cutting-edge technol- ogy, prepares organizations for the data-driven future. Data gov- ernance is essential for ensuring that data is accurate, accessible, and secure, which in turn ena- bles effective AI deployment. A robust governance framework ensures that data is managed responsibly, safeguarding priva- cy and compliance while maxi- mizing the value of data assets. Cloud platforms offering AI ca- pabilities provide powerful tools for building secure and scalable AI applications. Utilizing organ- ized cloud environments, with embedded policies and controls, ensures optimal performance, cost efficiency and security. This structured approach al- lows for seamless integration of AI services, facilitating innova- tive solutions and operational efficiency. Cloud computing stands at the forefront of this shift towards embedding data and AI in the fabric of business operations, playing a pivotal role in accelerating enterprise IT transformation, and driv- ing business growth. For CIOs and CTOs, understanding the current volatile landscape and implementing key strategies for organizational agility is crucial. Embracing cloud technologies fosters a culture of continu- ous adaptation and innovation, helping businesses stay ahead of the competition. By leveraging the scalability and flexibility of cloud platforms, organizations can optimize their IT infrastruc- ture, reduce costs, and improve overall performance. Agility in cybersecurity strat- egies is essential for addressing the constantly evolving threat landscape. Organizations must adapt to regulatory changes and rising customer expectations. By exploring AI-driven defence technologies, technology leaders can enhance their digital securi- ty infrastructures. The evolving regulatory landscape demands that businesses recalibrate their cybersecurity strategies, em- ploying cutting-edge solutions to ensure compliance and resil- ience. These are the key themes that we will explore together at EY Engage 2024 with key experts from EY, our technology allianc- es, and the local IT ecosystem. Hili Finance Company plc €80 million bond issue approved HILI Finance Company plc has received MFSA approval of a five -year €80 million bond issue to be listed on the Official List of the Malta Stock Exchange. The bonds, guaranteed by Hili Ventures Limited, will bear an annual interest rate of 5%, start- ing from July 17, 2024. The bonds will be available for subscription by all categories of investors in- cluding the general public and will be issued at a nominal value of €100 each, with a minimum investment of €3,000. Bondholders of 1923 Invest- ments plc will be given the op- portunity to transfer all or part of their bonds in exchange for the new bonds being issued by Hili Finance Company plc. Moreover, holders of other Hili Ventures group securities will also be given preferential access to subscribe. Apart from the reserved al- location for existing 1923 In- vestments bondholders, the proceeds of the issue will be utilised to part-repay capital in- vestments made for the acqui- sition of Cortland Sp. Z o.o. by iSpot Poland Sp. Z o.o. and the investment in Tigne Mall plc by Marsamxett Properties Limited, which took place in 2023. "The bond issue will be open for subscription from June 19, 2024 to July 10, 2024, or earlier at the discretion of the issuer. The bonds will mature and be redeemable at their nominal val- ue on July 17 2029. Hili Finance Company plc is the finance arm of Hili Ventures, a diversified group engaged in food service & retail, real estate & hospitality, shipping, oil & gas, engineering, and technolo- gy in 10 countries across Europe and North Africa with a team of 12,000+ people. The full bond documentation is available for download on its website: www.hilifinance.com. Interested investors are encour- aged to connect with Authorised Financial Intermediaries listed in the prospectus.

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