The Junction Fund, which is 13.4% owned by the property fund manager Capital & Regional has sold the St Andrews Quay Retail Park in Hull to Threadneedle Strategic Property Fund for £81.9m.

Last month Capital & Regional's 16.7% owned Mall Fund raised £135.9m through the sale of four shopping centres.

Service Power, which manages outsourced services such as computer maintenance and tracking inventories of machine parts, moved into profit in the half-year to June 30 as revenues increased.

Pre-tax profits totalled £700,000, compared with a loss of £2m in the same period the previous year. Revenues increased to £10m from £9.4m.

Regenersis, which repairs and recycles products such as mobile phones and laptops, has announced a tie-up with the logistics giant DHL to provide a repair and return service for mobile phones.

Investment company ACP Capital, which is in the process of selling off its assets and returning cash to shareholders, said it is still involved in discussions with parties interested in purchasing a stake in Leasecom, one of ACP's two remaining investments.

ACP's other investment, Davenham, in which it has 7.6m shares that have been assigned nil value, is in "run off" mode and is closed to new business. The voard of Davenham is on record as saying that there is not likely to be any value for ordinary shareholders in the company.

Alternative energy company Alkane Energy has extended its tolling agreement with energy supply company GDF SUEZ Energy by 18 months until March 2012. The new contract will now combine peak operations with the existing tolling arrangements. The agreement also expands capacity to 10 meagawatts which the company expects will result in an approximate doubling in revenues from this source during 2011.

Cold store operator Norish's profits fell to £208,000 in the six months ended 30 June from £256,000. "Our cold store business has not performed as well as expected in the first half of the year, primarily due to pressure on rates and increased power costs," Norish said.

Coffee roaster Coburg made a profit of £106,000 compared with a loss of (£123,000) in the previous year despite a large increase in the $US price of raw coffee, which was made worse by the weakness of sterling during this period.

The existing business is progressing well, Coburg added. The results for the first quarter, normally seasonally the worst, show the company continued to trade profitably. The company wants to raise £270,000 by way of a placing of 18m new shares at 1.5p per share or equivalent after a consolidation.

Related share prices
Capital & Regional (CAL) share price
Norish Units (NSH) share price
Coburg Group (CGG) share price
ServicePower Technologies (SVR) share price
Alkane Energy (ALK) share price
Regenersis (RGS) share price
ACP Capital Ltd. (APL) share price