Independent journal on economy and transport policy
12:13 GMT+1
This page has been automatically translated by Original news
Israel Corp will transfer its quota in the Zim to integrally controlled Kenon, that he will be quoted to New York and Tel Aviv
Investment of 100 million dollars in the branch to which a credit line of 200 million dollars will be granted
October 15, 2014
Past Sunday the board of directors of Israel Corporation of Tel Aviv has decided to yield the participation of the Israeli group in five society to the Kenon Holdings Ltd. of Singapore, of which Israel Corporation it stops the entire capital. Draft of the quotas in the company of Zim Integrated Shipping Services navigation, of which currently it possesses 32% about of the capital ( on 19 May 2014), and in the societies IC Power, of which it stops the entire property, Quantum (2007), through which Israel Corporation it stops 50% of the automotive house Chinese Qoros that is participated with remaining 50% from Chery Automobile, IC Green Energy, that integrally it is controlled by the Israeli group, and Tower Semiconductor, that it is participated with 32%,
Israel Corporation has announced also an investment of 100 million dollars in the capital of the Kenon Holdings and the concession to this society of a total credit line for 200 million dollars. Moreover the distribution to the shareholders of Israel Corporation of a relative dividend to the actions of the Kenon is previewed let alone the quotation the capital stock of the Kenon is to the Stock exchange of New York that to the Stock exchange of Tel Aviv.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
Past Sunday the board of directors of Israel Corporation of Tel Aviv has decided to yield the participation of the Israeli group in five society to the Kenon Holdings Ltd. of Singapore, of which Israel Corporation it stops the entire capital. Draft of the quotas in the company of Zim Integrated Shipping Services navigation, of which currently it possesses 32% about of the capital 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
