SFS acquisition of White Knight approved

The Securities and Exchange Commission approved the Public Offer document made by SFS Group Plc (SFS.CY) to acquire up to 100% of the share capital of its subsidiary company White Knight Holdings

Ocean Tankers profits increase

Ocean Tankers Holdings Pcl (OCT.CY) announced its 1H08 results recording a net profit of EUR 4.45 mln, compared to EUR 0.84 mln in 1H07. The increase is associated with the acquired vessels

Logicom profit surge 29.4% in 1H08

Logicom Public Ltd (LOG) reported a 29.4% Year-on-Year increase in first half profitability to EUR5.0 mln on the back of sharply higher sales and a favourable swing in exchange rates. EPS was