Issue link: https://maltatoday.uberflip.com/i/604914
47 Events maltatoday, SUNDAY, 22 NOVEMBER 2015 YOUR FIRST CLICK OF THE DAY www.maltatoday.com.mt GO enters preliminary agreement to purchase controlling stake in Kinetix IT Solutions Limited GO plc has announced that its fully- owned subsidiary, GO Data Centre Services Limited, has entered into a preliminary agreement to purchase 51 per cent of the issued share capi- tal of Kinetix IT Solutions Limited. The acquisition is subject to regula- tory approval being obtained. Kinetix specialises in the design, implementation, support and op- timisation of ICT solutions for the corporate sector. Its services include the manage- ment of customers' entire IT in- frastructures from servers and desktops to applications, data and networks. Kinetix also supports its customers throughout the IT investment lifecycle from initial strategy development and technol- ogy assessment, through to design, procurement and implementation. GO Chairman, Deepak Pad- manabhan, said, "This strategic in- vestment by GO further enhances the Group's ability to deliver a 360 degree communications and ICT service to our corporate clients. As Malta's leading provider of mobile, internet, telephony, data network- ing solutions, business IP services, managed and co-location facilities, the addition of the specific serv- ices offered by Kinetix IT Solutions Limited create new synergies that should deliver greater value both to our corporate clients and to our shareholders." Kinetix IT Solutions Limited Chairman, Christian Sammut, said, "Becoming part of the GO Group will take Kinetix to the next level, enabling us to complement and further enhance the services and solutions which we currently offer to both existing and new customers including customers of GO's data centre subsidiary BMIT. We are proud to have built a busi- ness with a great track record and look forward to the next chapter in our journey." Following the completion of the transaction, GO Data Centre Serv- ices Limited will hold a controlling interest in Kinetix IT Solutions Limited. The acquisition of shares in Kinetix IT Solutions Limited falls below the threshold of a Class 1 transaction as set out in the List- ing Rules. Workshop demonstrates EVG-3D construction system's sustainability Recently, JMV Building Solu- tions was the host to one of the world 's leading engineers in this field. Professor Ayman Mosal- lam of the University of Califor- nia, Irvine, USA, gave a work- shop as an introduction to the EVG-3D innovative construc- tion system, a key to sustain- ability for Maltese developers and developments. In this event, approximately 50 leading local engineers, ar- chitects, contractors, university professors and developers at- tended the Workshop that was held at Radisson Blu St Julians hosted by local EVG-manufac- turer, JMV Building Solutions from Zebbug. The EVG system reduces energy consumption in dwellings by up to 50%, and reduces building loads to up to 40% in addition to other envi- ronmental benefits. The EVG 3D construction sys- tem comprises an engineered sandwich panel consisting of re- inforced mortar skins and a fire- retardant EPS core. The EVG structural elements, including walls, f loor slabs, and joints were successfully tested by Pro- fessor Mosallam over a number of years and in several differ- ent countries in uniaxial ten- sion, uniaxial compression and in-plane shear in accordance of the requirements of the Interna- tional Code Council Evaluation Service (ICC-ES) Criteria AC15. In addition, split test and com- pression test of mortar cubes were undertaken to evaluate the mortar properties, all of which proved to have excellent me- chanical properties. During the well-attended EVG-3D Malta Workshop, Pro- fessor Mosallam explained that the sandwich structures are very stiff and material efficient in relation to their weight. The sandwich works as a whole with superior capability in transmit- ting both horizontal and verti- cal shear forces ensuring the de- sired composite action of such structural members. Professor Mosallam explained that that based on his compre- hensive research work, struc- tural shear walls made of EVG panels are the only panel system that has been proven and cer- tified for resisting earthquake forces in different categories specified by the building code. Professor Mosallam's current core research covers topics relat- ed to structural and earthquake engineering with a specialisa- tion in advanced composites and hybrid systems for infra- structure applications, hence his advocacy around EVG-3D here in Malta. In addition, he has been in- volved in several major research projects dealing with the de- velopment and verification of innovative seismic repair and rehabilitation systems for rein- forced concrete, masonry, wood and steel structures, again pri- marily through deployment of EVG-3D. Currently, Mosallam is involved in several funded research projects around con- struction system. Professor Mosallam is the au- thor of the American Society of Civil Engineers (ASCE) Struc- tural Design Manual for Com- posite Joints and the co-author of the ASCE Prestandard Docu- ment for Pultruded Composites. He also serves on the Editorial Board of the Composites Part B Journal, Advances in Civil Engi- neering, HBRC and many others as well as his role as the guest editor of special issues on infra- structure applications of differ- ent international journals. JMV Managing Director Ray- mond Vassallo said, "We were honoured to host a Workshop with Professor Masallam, all his case studies show the high-per- formance of EVG-3D panels un- der different conditions. These EVG-3D panels are ideal for the Maltese climate and building industry. Adoption is rapid. We have used them to extend hotels, build airspaces and as the main component for commercial and domestic buildings. The savings speak for themselves, that's why local people are adopting this as their building-block of choice." For further information kindly contact 2146 7421, sales@jm- vibro.com or visit the website w w w.jmvibro.com Exclusive autographed Harley of Hope to be auctioned for MCCF The Harley of Hope was un- veiled last Saturday 14 Novem- ber by Edgar Preca on behalf of President Marie-Louise Coleiro Preca. Fapi Motors Ltd. directors have generously donated the Harley of Hope to be auctioned with the winning bid going to the Malta Community Chest Fund. The Harley of Hope is a world exclu- sive Harley-Davidson Street 750 made unique by the autographs of three top executives at Harley- Davidson, Inc. These are Wil- liam G. Davidson – Chief Styling Officer Emeritus and Brand Am- bassador at Harley-Davidson, Inc. affectionately known by mil- lions of motorcycle enthusiasts as "Willie G." and the grandson of William A. Davidson, one of the original founders; Bill David- son – Vice President of the Har- ley-Davidson Museum and great grandson of founder William A. Davidson and son of "Willie G." Davidson; and Matt Levatich – President and Chief Executive Officer of Harley-Davidson, Inc. The autographed Harley of Hope will be on display at the Harley-Davidson Malta Deal- ership in Mdina Road, Attard. People interested in owning this world exclusive Harley-Davidson Street can place their offer on www.HarleyOfHope.com after registering on the website. On- line offers will be accepted until Saturday 26 December 2015 till 16:00 while physical offers would still be accepted at the Dealer- ship till 17:00. The winning of- fer will be announced during the live televised transmission of L- Istrina. The Harley-Davidson Street 750 is a Dark Custom motorcy- cle designed for a new generation of urban riders. The Street 750 is equipped with a liquid-cooled Revolution X powertrain, de- signed to match the demands of stop-and-go traffic with nimble agility, while delivering instant throttle response to escape city gridlock. For more information please visit www.HarleyOfHope.com. Further information can be ob- tained by contacting Harley- Davidson Malta, Fapi Motors Ltd, Mdina Road, Attard, ATD 9037, Malta on telephone +356 2339 3000, +356 7909 3508 or send an email on info@h-dmalta.com The Harley Street 750 is being auctioned in aid of the Community Chest Fund Prof. Ayman Mosallam