Lumiere TV Public Co. Ltd. (LTV) has tabled applications seeking a dual listing of its shares on the Cyprus and Athens Stock Exchanges. Marios Hadjiyannakis, General Manager of Egnatia Financial Services, the Sponsoring Brokers told the Financial Mirror that the applications were submitted on Monday with the specific intention to make a joint offering simultaneously
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Equity prices stabilised on the Cyprus Stock Exchange and staged a 1.4% rebound on Tuesday, with the GENX closing 1.41% firmer at 84.42 points, and the Main/Parallel ending 1.43% higher at 1179.10 points. Total volume amounted to CYP 740.000 on 1465 trades, according to AGFN, the CSE data provider, with 56 titles closing higher, 93
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The heads of the Stock Exchanges of Cyprus and Athens reached a broad based agreement on the setting up of a common or joint trading platform between the two exchanges, which is set to go into operation in the fourth quarter of 2005. The agreement was reached on Tuesday in Athens following a meeting between
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Government Spokesman Kypros Chrysostomides said the government continues to believe that two European Union regulations (on direct trade with the Turkish occupied north and on allocation of funds to the Turkish Cypriots) must not be linked. He also said that remarks by Commission President Jose Barroso and Cyprus President Tassos Papadopoulos prove that Brussels wish
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Compensations averaged CYP 40,000 Cyprus Airways cabin crew called off their strike last night, after the Ministry of Labour found that both the airline’s management and the unions had violated the code of industrial relations. The company’s board decided to recall Monday’s redundancy notices of 22 cabin crew that resulted in the impromptu strike decision
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Some 25 Greek Cypriot companies are close to being matched with Turkish Cypriot producers for trade across the Green Line, only five weeks after the matchmaking programme co-ordinated by award-winning M.G.C. Group got under way. M.G.C. group Managing Director Marios Christodoulou, who has decades of experience in international trading, has been working with the Cyprus
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Seven new members stepped up to the board of Universal Life at the Extraordinary meeting on Friday. The passing of two motions–one for the termination of the old board, and one for the appointment of the new board–retained six of the original members of the board: Alexandros Galanos, Kolokassides Michalis, Sotiris Kallis, Demosthenes Severis, Andreas
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