MaltaToday previous editions

MT 30 March 2014

Issue link: https://maltatoday.uberflip.com/i/286290

Contents of this Issue

Navigation

Page 44 of 59

45 maltatoday, Sunday, 30 March 2014 Events Citadel announces new mobile app Citadel insurance has an- nounced the release of the first multi-function insurance mobile application on the island. the new mobile application available for iPhone and iPad will make interac- tion with Citadel easier and faster for customers. the Citadel app is free and available from the apple store. it is easily downloadable and totally user-friendly. the Citadel app gives your insur- ance that needed mobile function- ality, anytime, anywhere. this new app provides customers the ability to obtain instant quotes for their car, home and boat, while quote requests may be sent in the case of life insurance. Customers can also purchase travel insurance, access their account information and re- new their policy from their mobile phone. additionally, Citadel has designed this mobile app to include a 'claim kit' for customers to use following an accident. this app also offers a simple and convenient method for customers to pay their bills through a secure payment system. as long as customers download the app, they can directly text in their payments when receiving an alert that their insurance is due for renewal. "Offering an app enables us to sim- plify the insurance process for our customers", says angela tabone, Managing director of Citadel in- surance. "Nowadays, it's natural to use a mobile to communicate and connect with customers. Our goal to provide customer satisfaction is evident in our every innovation and the Citadel app is no exception. at Citadel we are quick to respond to new challenges and adapt our busi- ness model to reach out to custom- ers' changing environment. "i am pleased that our team has succeeded in creating a new inter- active, user-friendly service offer- ing with features that encourage frequent custom. We do our best to provide added value to our custom- ers wherever they are and our easy- to-use app offers just that. the new app offers a modern utility to our clients and confirms our commit- ment to diversification." Citadel's team will continue to provide improved services onto its mobile app to increase consumer interaction. Citadel insurance is one of two local composite companies able to offer an extensive product range in- cluding life, personal, business and specially designed branded insur- ance products. Private basic, local and international hospital health insurance plans are also avail- able through its subsidiary Citadel- Health insurance agency ltd, au- thorized exclusive agents for Swiss life Prévoyance et Santé. download the app now, or contact Citadel on Freephone 80072322 or visit www. citadelplc.com. the company and its subsidiary are authorised and regulated by the MFSa. Hilton Malta scoops two international brand awards Hilton Malta has received two pres- tigious 2013 Hilton Brand awards: "award for Sustainability" and "award of excellence". these global accolades are awarded on the basis of best overall performance in sustain- ability and service. the award for Sustainability is awarded to the hotel that demon- strates the best use of all lightStay tools and which is compliant with sustainability Brand Standards, as well as an extraordinary commitment to operational effectiveness through sustainable practices. the award of excellence is awarded for outstanding performance in guest loyalty, service, condition, and clean- liness based on Salt and Qa scores. top 2-6 ranking hotels for Salt: 25% overall service & 25% overall loyalty and Qa: 25% overall condition & 25% cleanliness. "this is a truly wonderful achieve- ment and a credit to all members of the team," announced Matthew Mul- lan, General Manager, Hilton Malta. Jesmond Mizzi Financial Advisors sponsors Ghajnsielem Redcoats JeSMONd Mizzi Financial advi- sors limited has announced its agreement to sponsor the Softball Gozo Cup. the sponsorship will fund the organisation of a tourna- ment to be run by the Ghajnsielem Redcoats, which is to be held an- nually in July. the first edition of this competition will be an all- Redcoats affair. Four youth teams will compete in a double elimina- tion softball tournament, which means that teams have to win two games to earn the right to contest the cup final. the four youth teams of the Ghajnsielem Redcoats - leinster Royals, Connaught Rangers, 63rd West Suffolk Sluggers and 31st Regiment athletics - are named after British regiments that were stationed at Fort Chambray in Ghajnsielem during the nine- teenth century. this was done in an effort to raise awareness of the rich heritage that is associated with Fort Chambray and Ghajn- sielem. the winners of the tournament will be presented with the silver- plated Softball Gozo Cup and a set of medals sponsored by Jesmond Mizzi Financial advisors limited. during the presentation of the sponsorship held last week at the offices of the company in Valletta, company Managing director Mr Jesmond Mizzi commented that it is an honour for his company to support the Ghajnsielem Redcoats in their efforts to try to involve more girls and young women in sports. He noted that softball is a wonderful game that is very popu- lar with females of various ages all over the world and he expects that it will continue to grow in popu- larity in Malta. Joseph Scicluna, President of the Ghajnsielem Redcoats, thanked Mr Jesmond Mizzi and his com- pany for their generous support. Mr Scicluna reported that the Redcoats have made remarkable progress towards their objective of promoting equality of access to sport and a culture of participa- tion in sport among people of all ages through softball. He added that the increase in the number of participants brought with it an increase in the over- heads of running the club. Spon- sorship agreements such as this enable the club to continue to add to the number of teams within the club and to upgrade the equip- ment, improve the coaching and enhance the overall experience of their athletes. the Ghajnsielem Redcoats par- ticipate in the tournaments and leagues organised by the Malta Baseball and Softball association (MaBS). the club has over 70 players registered with it, and sev- en teams participating in MaBS U/9, U/13, U/15, women's and the National Softball league compe- titions. Your first click of the daY www.maltatoday.com.mt GO acquires shareholding in Cablenet, a Cypriot 'triple play' telecommunications company GO plc, Malta's leading quad play tel- ecommunications company, has today entered into a share purchase agree- ment with Cablenet Communications Systems limited and Mr Nicolas Shi- acolas, beneficial owner of Cablenet's entire issued share capital. through this agreement, GO will purchase 25 per cent of Cablenet's is- sued share capital from Mr Shiacolas in exchange for a convertible loan of €12 million to Cablenet. at GO's op- tion, this loan may be converted into equity so that, upon conversion, GO's total shareholding would be equal to 45 per cent of Cablenet's issued share capital. additionally, the agreement also grants GO the option to acquire ma- jority control of Cablenet in the fu- ture. Cablenet is a privately owned busi- ness that began operations in 2003 as a cable tV provider in Cyprus. it was acquired in 2006 by Mr Shiacolas and since then, the company has consist- ently expanded its network and its operations and was the first Cypriot operator to offer a triple-play package covering tV, fixed telephony and high- speed internet access. today, Cablenet is the leading privately owned broad- band provider in Cyprus and offers packages which include broadband internet access, fixed telephony and digital Hd tV to more than 43,000 subscribers. Mr Yiannos Michaelides, CeO at GO, said: "this investment forms part of our clearly stated strategy of seeking opportunities to grow our business, and shareholder value. as the potential to achieve this in Malta is restricted, we are open to pursuing such opportunities wherever they may be. Cablenet is still a relatively small business but has made great strides in a short space of time and, importantly, has established itself as the provider of premium, high value internet and tV services in Cyprus. "Cablenet's clear potential for fur- ther growth in the premium sector, combined with the obvious synergies that exist between GO and Cablenet and between Malta and Cyprus, made this an attractive proposition which we have now decided to pursue." "the investment is structured to ensure that the relationship between Cablenet and GO is a long-term one which is focused on developing and growing the business. the scale of the investment relative to our balance sheet and healthy cash flows makes, we believe, sound business sense and is one we can sustain. We are fully committed to working hand in hand to deliver on the clear potential of this agreement to generate additional value for all our respective shareholders." Mr. Nicolas Shiacolas, Managing director and owner of Cablenet, said, "Cablenet has consistently proven that it can provide those services most sought by subscribers and has grown substantially since we have taken over control. the strategic investment by GO into Cablenet is both a vote of con- fidence into what Cablenet can deliver in the future, but also in the prospects of the economy of Cyprus in general. this is now a partnership which we are confident will deliver results for Cablenet and also for GO as we con- tinue to strengthen our position in the Cypriot market." the agreement is subject to approval by the relevant regulatory authorities in Cyprus, following which changes to Cablenet's Board of directors will take effect. GO will, as part of the agree- ment, have the option to nominate three directors to the board of Ca- blenet, as well as appoint the Company Secretary.

Articles in this issue

Archives of this issue

view archives of MaltaToday previous editions - MT 30 March 2014