Aristo sale negotiations collapse

Aristo Developers Pcl (ARD) announced that negotiations for the sale of the company ended unsuccessfully and there was no agreement signed. Last week, Artisto had secured from the CSE suspension of its

Polycarou lifts stake in Avacom Net

Avacom Net Public Company Ltd made an announcement to the CSE and the SEC that on December 15, 2006, Polys Polycarpou Investments Ltd and Polys Polycarpou acquired a significant stake in the

Oracle’s OTN community passes 5 mln mark

Oracle Technology Network (OTN) announced that it now has more than 5 mln worldwide members, celebrating more than a decade of providing highly productive tools and technologies to the developer community. OTN

Inland Revenue receipts jump 35%

The Inland Revenue Department receipts during the January –October 2006 period advanced by 35% YoY to CYP 682.4 mln, the Ministry of Finance reported. Income tax PAYEE receipts increased by 20% YoY

CTC sells Christis stake to Vivartia

Cyprus Trading Corporation Pcl (CTC) in cooperation with N.K Shacolas Group signed an agreement to dispose their participation in the share capital of Christis Dairies Pcl (CDL) to Vivartia SA (Delta Holdings),

A.L. Pro Choice bids for CPI Holdings

A.L. Pro Choice  Group Pcl (PROP) announced that it decided to submit a Public Offer towards CPI Holdings Pcl (CPIH) shareholders for the acquisition of up to 100% of CPIH’s issued share

Aristo to fetch in excess of CYP 100 mln

…bid backed by foreign bank? Aristo Developers Pcl (ARD) secured from the CSE a second day of suspension of its shares pending the outcome of intense negotiations aimed at finalizing the takeover