The public offer bid submitted by SFS Group Public Company Ltd for Triena Investments Public Company Ltd has been concluded successfully considering that after the lapse of the offer, the total stake of SFS in Triena is 84.17%. The offer expired on October 31, 2007 and was for a minimum 50% and maximum 100%. The
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Europrofit Capital Investors Public Limited (ERP) announced that 480,511 warrants of have been exercised, which have been converted into 480,511 shares of nominal value CYP0.05 each. As a result, the total issued share capital stands at 17,881,512 ordinary shares of nominal value CYP0.05 each. CLR Investment Fund Public Ltd, which holds more than 5%, has
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President Tassos Papadopoulos has criticised Britain over its stance on Cyprus, saying it had once more been unfair to the Republic in addition to putting into question the credibility of its guarantor rights. “There is a general malaise following the strategic partnership agreement between the former colonial power Britain and the current occupation power, Turkey.
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Thousands of hunters were out on Sunday, the first day of the new hunting season, which began with appeals by the government for safety. This year there is more game, with the number of hare released in the wild up by 15-20 per cent and about 150.000 partridges freed for the season. Interior Minister Christos
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Foreign Ministers from the 27 European Union members, including Cypriot Minister Erato Kozakou Markoullis, will gather in Portugal for two days to discuss relations with the countries of the Middle East and North Africa. The Euro-Mediterranean Cooperation meeting will convene from November 5-6, under the rotating six monthly EU presidency of Portugal. The Euro-Mediterranean Cooperation,
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The Cyprus Veterinary Services will slaughter Monday some 270 to 300 animals in the Dromolaxia area, south east of the capital, as initial indications from a London based laboratory suggest the animals may be suffering from food and mouth disease.Final results of the examination of animal samples sent to the laboratory are expected today.Agriculture, Natural
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Nokia and Swiss-based STMicroelectronics have closed a deal to deepen their collaboration on the licensing and supply of integrated circuit designs and modem technologies for 3G and its evolution. The multifaceted agreement transfers a core part of Nokia’s Integrated Circuit (IC) operations to STMicroelectronics and positions ST to design and manufacture 3G chipsets based on
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Ericsson has been selected by Uruguay‘s leading telecom operator, Administración Nacional de Telecomunicaciones (ANTEL), to be the supplier for its dual 2G/3G core network modernization program. Under the contract Ericsson will be the integrator and take full turnkey responsibility for the supply of equipment, deployment, integration, and live migration. Rollout has started while the complete
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Moody’s Investors Service has changed to ‘positive’ from ‘stable’ the outlook on the D bank financial strength rating (BFSR) of First Investment Bank (FIB) of Bulgaria. The change in rating outlook reflects the strengthening of FIB’s standing within the D BFSR range as a result of its growing market share and franchise, recent capital injection
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ProtoStar Ltd., a Bermuda corporation, and PlanetSky Ltd. of Limassol have announced a strategically important anchor customer lease agreement for PlanetSky to secure C band capacity on ProtoStar’s first satellite to be launched in May 2008. The agreement provides PlanetSky with five 36MHz equivalent transponders for its rapidly-expanding global satellite systems that support GPRS and
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