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Gaon Group Faces Tender Withdrawal Setback

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Gaon Group Faces Tender Withdrawal Setback

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Gaon Group ( (IL:GAGR) ) has issued an update.

Gaon Group Ltd. announced that a municipality has withdrawn from a previously awarded tender related to the planning, construction, operation, and maintenance of a pneumatic waste disposal system. This development marks a deviation from Gaon Group’s regular business activities and could have implications for its operations and market positioning.

More about Gaon Group

Gaon Group Ltd. is a company that operates as a shell company as defined in the Stock Exchange regulations. Its securities are listed for trading on the Tel Aviv Stock Exchange.

YTD Price Performance: 1.15%

Average Trading Volume: 15,156

Current Market Cap: ILS189.3M

Find detailed analytics on GAGR stock on TipRanks’ Stock Analysis page.

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