24 - JANUARY - 2005
APC submits friendly bid for Pharmakas
Pharmakas Quarrying (PHA) announced that it has received a bid by
Gerik Investments, in association with A. Panayides
Contracting Ltd. (APC), Ibiscus Invest Ltd., Alpha Pi
Holdings Ltd. and George Pipis and G. Kazanos, seeking
to acquire the remaining part of the share capital of
the Company not controlled by the associated parties.