Alkis H. Hadjikyriakos (Frou Frou Biscuits) Pcl (FBI) issued a positive profit warning regarding its first half results mostly as a result of containment in operating expenses and improvement in gross profit. Furthermore, in the absence of any unforeseen circumstances, the Company expects its 2006 results to be improved compared to its respective 2005 results.

CLR Capital Pcl (CLR) received shareholder approval during the Extraordinary General Meeting of shareholders for the issue of 28,469,830 bonus shares of nominal value of 10 cent each to be distributed to its shareholders in a ratio of 1 bonus share for every 7.08118 shares held. An amount of CYP 2.85 mln will be used

The Central Bank of Cyprus announced the issue of up to CYP 8 mln Government Registered Development Stock (GRDS) with three years duration and interest of 3.75%, which is open to individuals and natural persons only. Interest earned, which is paid every six months is exempted from income tax without any limitation but is subject

The CSE Council and the Association of Financial Service Providers (KEPEY) with the consent of the Securities & Exchange Commission agreed to allow the trading of the Laiki Bank rights in one batch and only after the process for the transfer of the rights to the respective trading accounts has been completed. The CSE expects

Cyprus and Poland are in talks about co-operation on a range of issues, including energy, it emerged on Thursday. The recently appointed Minister of Commerce, Industry and Tourism, Antonis Michaelides, met Poland’s Ambassador to Cyprus, Zbigniew Szymanski, yesterday in order to exchange views on how to enhance relations. In statements made after the meeting, Michaelides