The interim interest payment of Laiki Bank (CPB) Convertible Debentures 2003/10 (LGDC.CY) will be paid to all bondholders registered as at 21 July 2006. The ex-interest date is 19 July 2006. Following the recent rights issue and pursuant to the Debentures’ issue terms, the new conversion price for the Debentures has been revised from CYP
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Egnatia Financial Services have cut their price target on A. Tsokkos Hotels Pcl (TSH) from CYP 0.158 per share to CYP 0.145, but have maintained their buy recommendation, implying an upside potential of 21% from the stock’s current price. Based on our target price, TSH yields a 2007 P/E ratio of 14.4x. Our Buy recommendation
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With the World Cup in full swing, Areeba announced its solution for football fans looking to keep up with the latest news from the pitch – the Areeba FIFA Service. Simply put, it’s all about keeping Areeba subscribers up to date with the latest goals, penalties, and more through SMS, MMS and WAP Portal. Available
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The total market capitalisation, including the Investment Companies, warrants and bonds listed on the Cyprus Stock Exchange reached CYP 7.64 bln compared to CYP 7.36 bln the previous month, registering an increase of 3.77%, the CSE April Monthly Digest reveals. The market capitalisation of shares (excluding Investment Companies Market) reached CYP 4,58 billion. According to
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…Deficit at CYP 15.6 mln Total government revenue during the first quarter of 2006 fell 8.9% year-on-year to CYP 755.2 mln at a time when total expenditure increased by 7.8% y/y to CYP 770.8 mln, according to the Statistics Department based on General Government accounts for the period January – March 2006, compiled in accordance
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— Property, customs, processing, foreign labour, procurement… Be careful what you wish for. At the seminar on the development of Regulatory Impact Assessment in Cyprus organised by the Finance Ministry on June 1, officials talked about the need for the private sector to be heavily involved in improving regulation. And that is exactly what they
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A group of top mobile phone makers and operators are launching a foundation to create an open Linux-based software platform for mobile devices, they said, according to CIO Tech Informer. The companies, including Motorola, Vodafone Group, NTT DoCoMo, Samsung Electronics, NEC and Panasonic Mobile Communications, plan to focus on the development and marketing of an
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