Independent journal on economy and transport policy
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Israel Corporation introduces other 25 million dollars in the Zim
The participation of the Israeli group in the shipowning company is gone up by 99.62% to 99.66%
June 21, 2012
Israel Corporation has announced today that the committee of surveillance and the board of directors of the group, met respective past Sunday and yesterday, has decided to transform reserves for 25 million dollars for the branch shipowning Zim in capital. Such figure - it has specified the Israeli group - is part of 50 million reserves set aside for the actions of the Zim, included those for the participation to the increase of carried out capital 11th june. Israel Corporation has specified that the exercise of the rights has determined the increase of the share quota Israel Corporation in the Zim, that is gone up by 99.62% to 99.66%.
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