Issue link: https://maltatoday.uberflip.com/i/257374
Events 44 maltatoday, Sunday, 9 february 2014 RE/MAX Malta presented 'Award of Excellence' by RE/MAX Europe University's Research Trust receives donation from Christmas on Campus campaign BMIT Ltd, Malta's larg- est data centre services provider has just made a direct investment of €1,000,000 in addition- al state of the art data centre capacity, to pro- vide new co-location and hosting facilities as well as to re-inforce its position as the leading provider of data cen- tre and cloud services. The data centre was inaugurated by Edward Zammit Lewis, Par- liamentary Secretary for Competitiveness and Economic Growth, in the presence of Joseph Cuschieri, Executive Chairman of the LGA. The data centre will provide the essential infrastructure to local and international companies, which are increasingly finding BMIT as a reliable and secure provider of data centre, cloud and managed services. Parliamentary Secretary for Com- petitiveness and Economic Growth Edward Zammit Lewis welcomed such investment and stated that this is in line with the Government's vision and its digital agenda. "Companies like BMIT are the sort of investment that Government is attract- ing. BMIT's investment came during a period when another three gaming companies invested in Malta and dur- ing the time when the government is updating the gaming regulations," said Honourable Edward Zammit Lewis. In the coming days the nation will also experience the revised Malta's digital strategy. This is the kind of commit- ment the Government is aiming for this industry in order that it continues creating economic growth and sus- tainability for this county," Zammit Lewis concluded. "This investment is part of our growth strategy to maintain the po- sition as the leading, innovative and largest data centre and cloud services provider on the island," said Christian Sammut, Chief Executive Officer at BMIT Ltd. "With this expansion, which is part of a multi-million investment pro- gramme over three years, we are in- vesting to meet the demand and re- quirements of an increasing number of new and existing customers in a wide range of industries. Our set-up is already impressive as is. No other fa- cility on the island has a similar size and scale. This latest investment will further stregthen our leading position as the largest and most trusted data centre in Malta." BMIT has, over these last years, es- tablished itself as one of the leading providers of co-loca- tion, hosting and managed services to companies in Europe. BMIT was also a fi- nalista for coveted EGR Da- tacentre of the Year award for 2013. It offers services to a wide range of customers, including those in the online gaming, financial services, legal and other professional services, ICT providers and retail businesses among oth- ers. The company operates from two data centre sites in Malta, with full power and multiple communications redun- dancy, complemented by the highest standard of operation, management and security, befitting a data centre set-up which provides services to a wide range of companies, including many with multi-million turnovers, all dependent on the services which BMIT provides them. BMIT's data centre facilities offer clients complete peace of mind with regards to their IT requirements, in- cluding access to a range of industry- leading hosting, co-location and cloud services. The suite of flexible data cen- tre services can be tailored around the needs and budget of the client, giving them more time and energy to focus on their core business. Added value is provided through BMIT's expert team who will make sure that requirements are addressed and managed to satis- faction. For more information log on to: www.bmit.com.mt RE/MAX Malta was recently recognised for their perform- ance in 2013 by RE/MAX Eu- rope during the quarterly re- gional director meeting held in Feusisberg, Switzerland. The "2013 Award of Excellence" was presented to Kevin and Jeffrey Buttigieg, owners of the RE/MAX Malta by Michael Polzler, Managing Director of RE/MAX Europe together with the co-founders of RE/ MAX Europe, Frank Polzler and Walter Schneider. Speaking about the award, Kevin Buttigieg said "It is an honour to receive this pres- tigious award from amongst the 70 regional directors of Europe. It is an even greater achievement to receive this award on behalf of the Malta team, representing our nation for delivering a professional service and consistently set- ting standards." Michael Polzler said that, "RE/MAX Malta is an exem- plary region in that they have taken the RE/MAX brand and have implemented our busi- ness model very successfully. They always actively partici- pate in regional meetings and we are very proud to reward both Kevin and Jeffrey for their excellent performance." The University Student Council (KSU), the University of Malta, the University Chaplaincy and a number of students' organisations who teamed up for the Christmas on Cam- pus campaign presented a third of the amount raised to the University's Re- search, Innovation and Development Trust (RIDT). The sum of €4,000 will go towards cancer research projects at the University of Malta. Dr Pierre Schembri-Wismayer, Head of the Anatomy Department within the Faculty of Medicine and Surgery at the University of Malta, described the two specific cancer research projects that shall be benefiting from these funds. He stated: "The first project revolves around the use of natural products to cause differentiation in different types of cancer cells causing the malignant cells to die more natu- rally. This research mainly focuses on leukaemias and sarcomas, and may possibly extend to brain tumours. The second project we are currently undertaking is on a combination of immune and vaccine therapies related to breast and colon cancer." The University Rector Professor Juanito Camilleri praised the students and the organising team. He said: "It is a pleasure to see a concerted effort from so many student organisations to raise funds for charity as well as the University's research projects. This contribution is very important – it shows the students' willingness to invest in the future of our University and our country." "We encourage all of our faculty members to be actively engaged in research and to contribute towards innovation in our society. Cancer re- search projects are just one example of how our University is effectively contributing towards the Maltese so- ciety," explained Professor Camilleri. On behalf of the organising com- mittee, KSU President Thomas Bugeja stated: "We are very proud of the fact that this donation will be supporting cancer research. We understand the University's needs for financial sup- port in order to continue developing its ambitions further. We shall en- deavour to continue raising funds for good causes, such as RIDT, to ensure that the University continues to be one of our country's success stories." Christmas on Campus this year, raised the largest sum ever of €12,000, which was equally divided among l-Is- trina, Dar tal-Providenza and RIDT. Donations to RIDT can be made through the website: www.ridt.org.eu or by calling tel no. 23408201 Kevin and Jeffrey Buttigieg (second and third right), owners of the RE/MAX Malta being presented the "2013 Award of Excellence" by Michael Polzler (first left), Managing Director of RE/MAX Europe together with co-founders of RE/MAX Europe, Frank Polzler (Second left) and Walter Schneider (last right) University Rector Professor Juanito Camilleri (third right) receiving the Christmas on Campus donation from KSU President Thomas Bugeja (4th right) on behalf of the Christmas on Campus Committee, in the presence of RIDT CEO Wilfred Kenely (first right) and the Head of the Anatomy Department Dr Pierre Schembri-Wismayer (second right) "AX Investments plc has launched €40,000,000 Bonds due in 2024, at an interest cou- pon of 6% of a nominal value of €100 per bond at par. The Bonds are guaranteed by AX Holdings Limited, the parent company of AX Investments plc. A total of €21 million from the net Bond proceeds will be used to finance the development of a retirement complex and care home in Naxx- ar, while another portion will be used to finance the redemption of the €11.6 million 6.7% bonds 2014-2016 ("Maturing Bonds") which will be redeemed early on 15 December 2014. The Compa- ny is giving existing bondholders preference to subscribe to the Bonds by surrendering their re- spective Maturing Bonds. "The existing bondholders are being given a guaranteed allocation for the nominal amount of the exist- ing bonds currently held." This was announced by the Chairman of AX Investments plc Angelo Xuereb during the launch of the Bond Issue to all financial in- termediaries, held at The Palace Hotel, Sliema. Speaking about AX Holdings, Xuereb said that "as the guaran- tor of these bonds, AX Holdings Ltd needs no introduction. The company was set up in the seven- ties and is presently involved in three core sectors of the Maltese economy, namely construction, hospitality and development. Over the next two years the com- pany will be diversifying its busi- ness operation by moving into retirement and care homes, with the opening of Hilltop Gardens Care Home & Residences. The complex will be a green building with 146 retirement residences and 104 care home rooms. It will be built over a period of 21 months and will be completed in 2015 with a total investment of €42 million." Xuereb added that, "Hilltop Gardens will be an ideal place for independent luxury living where all the needs of the residents will be catered for in style and com- fort. The complex will offer nu- merous facilities to enable the residents to enjoy a full and active life including serene gardens and open air recreational space, pool, fitness centre, hobby centre, hair salon, pub, library, restaurant and a chapel. All units will be de- signed to high specifications and will offer personalised services on demand. The company has also recruited Jacqueline Camill- eri as CEO, who has a wealth of experience in this sector, to over- see the project from the outset." Further information about the Bonds can be obtained from the Prospectus dated 3 February 2014, copies of which, together with application forms are avail- able from bank branches and au- thorised financial intermediar- ies. Applications for Bonds can be made for a minimum of €1,000 Launch of €40,000,000 6% AX Investments plc Bonds 2024 BMIT invests €1,000,000 in a new data centre