Issue link: https://maltatoday.uberflip.com/i/376810
Events 41 maltatoday, Sunday, 7 September 2014 leading quad play telecommunica- tions company, has finalised the acquisition of 25 per cent of the shareholding in Cablenet Com- munications Systems Limited from Nicolas Shiacolas, beneficial owner of Cablenet's entire issued share capital. GO will be acquiring this share- holding in exchange for a convert- ible loan of €12 million to Cablenet which, at GO's option, may be con- verted into equity so that, upon conversion, GO's total shareholding would be equal to 45 per cent of Ca- blenet's issued share capital. GO also has the option to acquire majority control of Cablenet in the future should it wish to do so. Cablenet was the first Cypriot op- erator to offer a triple-play package covering TV, fixed telephony and high-speed internet access, and is now the leading privately owned broadband provider in Cyprus offer- ing packages which include broad- band internet access, fixed telepho- ny and digital HD TV to more than 43,000 subscribers. Yiannos Michaelides, CEO at GO, said: "In March 2014 we had made our initial announcement about our agreement to purchase a sharehold- ing in this operation, which has rap- idly established itself as the provider of high value internet and TV serv- ices in Cyprus.'' ''It is our assessment that Cablenet has interesting potential for further growth and we also see synergies between GO and Cablenet and be- tween Malta and Cyprus. We believe that, by pursuing this growth oppor- tunity, we will be able to generate further value for all our respective shareholders." Now that all the required regula- tory approval has been received, GO will be appointing Yiannos Michaelides, Mr Nikhil Patil and Mr Edmond Brincat to Cablenet's Board of Directors. GO will also be appointing Francis Galea Salomone as Cablenet's Com- pany Secretary. GO finalises acquisition of shareholding in Cablenet, a Cypriot 'triple play' telecommunications company D Max Isuzu continues to win international awards Widely respected as one of the toughest 4x4's competitions in the world, the all new Isuzu D-Max proved just how durable it is once again by winning the competition "Best 4x4 pickup in 2014". Isuzu had already won this award back in 2012. Since this is an exclusive 4x4 com- petition with several sub-segments (pickup, SUV, luxury cars etc.), Isuzu was judged primarily by pro- fessional journalists in the pickup segment's competition, after an on-road and off-road test-driving which was conducted over two days in June. The highly acclaimed Isuzu D- MAX continues to capture the imagination of automotive experts and fans alike as the amazing pick- up truck won another award in the same month. Picking up an unprec- edented sixth consecutive Asian Auto Fuel Efficiency Award, the Is- uzu D-MAX remains the undisput- ed fuel efficiency champion among pick-up trucks but significantly too, it is the only vehicle to have won the award consecutively. You can view the D Max Isuzu at the GasanZam- mit showroom in Mriehel GasanZammit Motors Ltd. With its centre located at the state-of-the-art premises in Mrie- hel, GasanZammit Motors Ltd, the newly merged automotive and ma- rine company, sets standards within its industry with a portfolio of world renowned brands namely, Capelli, Chevrolet, Ford, Honda, Isuzu, Jag- uar, Mazda, Volvo and Yamaha. Housing an impressive nine brands that cover the automotive and ma- rine sectors, the new GasanZammit facility in Mriehel is supported by a fully equipped and modern vehicle- servicing centre, which includes an array of manufacturer-specific computerised systems. These systems comprise of engine diagnosis and fault-finding appara- tus, brake testers, wheel balancing systems and more. Other depart- ments encompassing GasanZam- mit, are a body and spray shop and a fully stocked parts department responsible for the sourcing, pur- chasing and wholesaling of original vehicle parts and accessories for all the marques represented. Untours Insurance Agents (UIA) is pleased to announce the appoint- ment of Joe Avellino as Technical Advisor. Avellino, is a well-known professional in the local Insurance market and a qualified member of the UK Chartered Insurance Insti- tute. Avellino joins UIA Team after his last position as Chief Opera- tions Officer at Allcare Insurance Limited. Mr. Avellino spent a 25 years of his illustrious career with Middlesea Insurance plc. He also held the posts of Manag- ing Director of Abela Insurance Brokers Limited and Chief Ex- ecutive Officer of Citadel insur- ance plc, besides a directorship at Mediterranean Survey Bureau Valletta and Citadel Health insur- ance Agency Limited. He also held a position at the Malta Insurance Association, Malta Green Card Bureau and Motor Insurers Bu- reau. "I am glad to join UIA, most of all its team of dedicated person- nel. I feel confident that together we will add value to the Agency, its Principal and most of all its policy holders with an improvement in our service and insurance prod- ucts." said Avellino. Untours Insurance Agents Ltd provides affordable insurance protection for both personal and commercial needs. More infor- mation can be obtained by calling 2559 8000 or by sending an e-mail to insurance@untours.com.mt. The International Science Theatre Festival at the Palace Courtyard Royal Shakespeare Company veteran Tim Hardy in The Trials of Galileo Joe Avellino joins UIA For the first time Science in the Cit y will be featuring an Interna- tional Science Theatre Festival with two outstanding theatrical plays from London and Torino. The Trials of Galileo presented by Icarus Theatre Collective and L'uomo che pesò il mondo presented by NuoveCosmogoni- eTeatro will be performed at the Palace Court yard, St George's Square, Valletta, on Friday 26, Saturday 27 and Sunday 28 Sep- tember 2014. After a successful tour of the US, a sold-out run at the Brighton Fringe Festival, Yvonne Arnaud Theatre and at the Edinburgh Fringe Festival, the Royal Shake- speare Company veteran and RADA professor Tim Hardy will be bringing his solo show The Trials of Galileo to Malta. Writ- ten and directed by Emmy Award winning writer Nic Young, this one man show highlights the dra- matic events surrounding Galileo heresy trial in 1633, and how he misjudged the politics and think- ing of the time. "The Universe is a divine mira- cle Galileo, not a clockwork toy! 'Proof ' denies faith, and without faith we are nothing." This rep- rimand of Pope Urban (1624) con- tained Galileo's tragedy – a mis- taken belief that all he had to do was show his reasoning and evi- dence and the church would fall in behind him. This performance has thrilled many audiences and received many acclaimed reviews: "A tour-de-force from this fine actor!" – Brighton Fringe Review. "Inspiring" – Indianapolis Busi- ness Journal. "Galileo is simply 'magnifico' – Round Town. Supported by the British Coun- cil- Malta The Trials of Gali- leo is being brought to Malta by The Universit y's Research Trust (RIDT) in collaboration with Te- atru Manoel. The show starts at 20:00hrs at the Palace Court yard, Valletta. Running time is 1hr 10min with no interval. L'Uomo che pò il mondo written by Italian actress Katia Capato and Maltese actor Pino Scicluna who together founded Nuove- CosmogonieTeatro in 2012. Their performances unite an accurate historical and scientific research to a more playful theatrical lan- guage that at times touches the poetical, dramatic and comic as- pects. L'Uomo che pesò il mondo is an interesting and fascinating production, an idea taken from Massimo Arattano and Albertina Gatti and aided by science con- sultancy SaperCapire. Starring Pino Scicluna, the story explores ideas, discoveries and achieve- ments of some great scientists such as Henry Cavendish, Robert Hooke, Isaac Newton, Giovanni Keplero and Tycho Brahe. The solo play is one hour long and starts after The Trials of Galileo ends, at 22:00hrs, at the Palace Court yard. The International Science Thea- tre Festival is being supported by Teatru Manoel and held under the artistic consultancy of Sean Buhagiar. Tickets at €15 per per- son for each play can be obtained from Teatru Manoel online book- ing: teatrumanoel.com.mt. Science in the Cit y will take place on Friday 26 September from 6pm onwards until mid- night. The main part of the activi- ties will be spread along Republic Street – from Cit y Entrance to Palace Square – and at other cen- trally located venues. It is funded by the Marie Skłodowska-Curie Actions of the Horizon 2020 Pro- gram of the EU, and organised by the Universit y of Malta, the Research Trust of the Universit y (RIDT) and the Malta Chamber of Scientists. Corporate sponsors include Lufthansa Technik Malta, Coca-Cola and Ta' Mena wines. The full programme and venue details can be downloaded from w w w.scienceinthecit y.org.mt