At the meeting held on September 27, 2007, the Board of Directors of Cytrustees Investment Public Company Limited decided to declare the payment of an interim dividend of 6 cents or 10.27 euro cents per share. The cum-dividend date will be October 9, 2007, while the shares will trade ex-dividend on October 10, 2007. The
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Logicom Public Limited will proceed with the issue of 61,733,000 Rights, which will be offered gratis to the shareholders who will acquire shares by October 11, 2007 (cum-date) in the ratio of 1 Right for every share held. The ex-rights date will be October 12, 2007 aimed at raising EUR 6.85 mln. Each 10 rights
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Cyprus Airways Public Ltd announced that following an evaluation of the proposals submitted by four organizations (Swissport and GAP Vassilopoulos (Cyprus) Ltd, Flightcare Cyprus Ltd, Louis Tourist Agency and 2-Serve) for a joint venture in Ground Handling, the Company decided to select the proposal of Swissport and GAP Vassilopoulos (Cyprus) Ltd. The Company’s stake in
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The government of Cyprus may send an envoy to Syria in an attempt to settle a dispute between the two countries which erupted after a Turkish ship, which left the Turkish occupied port of Famagusta, in Cyprus’ northern part, docked at Latakia. “There is an ongoing dialogue with Damascus on this issue at different levels
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The government takes all necessary action to ensure that there is no exploitation of Turkish Cypriot property in the southern government controlled part of the country, Interior Minister Christos Patsalides said here today. He also said that decisions on Turkish Cypriot properties are taken by the Guardian of Turkish Cypriot properties, following careful consideration of
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Cyprus and Armenia are expected to sign a Protocol of Cooperation in the field of public administration. According to an official press release, a delegation comprising high ranking officials from the Republic of Armenia is visiting Cyprus at the invitation of the Ministry of Finance Public Administration and Personnel Department to discuss matters concerning public
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Nokia Siemens Networks deepens its ties with Henan Mobile Communications Company (Henan MCC) with a GSM network expansion, EDGE introduction as well as network planning and implementation services deal worth close to RMB 2 bln (EUR 180 mln). Under the deal Nokia Siemens Networks will become the sole supplier of EDGE for Henan MCC in
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The divide in perceived levels of corruption in rich and poor countries remains as sharp as ever, according to the 2007 Corruption Perceptions Index (CPI), released by Transparency International, the global coalition against corruption. Developed and developing countries must share responsibility for reducing corruption, in tackling both the supply and demand sides. “Despite some gains,
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British Airways has selected Rolls-Royce Trent engines to power up to 61 new long haul aircraft that it will acquire from Airbus and Boeing. The order, which includes an innovative TotalCare contract, is potentially worth in excess of $5 bln at list prices. The order includes 12 firm and seven option Airbus A380 aircraft and
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The deposit, debt and issuer ratings of the 14 rated Polish financial institutions remain mostly driven by the support provided by foreign strategic investors to their increasingly integrated subsidiaries but are constrained by the A2 country ceiling for foreign currency bank deposits, Moody’s Investors Service said in its new Banking System Outlook for Poland. The
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