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Meshek Energy ( (IL:MSKE) ) just unveiled an announcement.
Meshek Energy Ltd. is convening an extraordinary general meeting to discuss various agenda items including approving a significant real estate transaction. This transaction involves granting a call option for purchasing the company’s real estate assets, aimed at enhancing its energy production and distribution capabilities. The board has approved the transaction and will present it to shareholders for further approval. Additionally, the company has reviewed and confirmed its annual financial statements, ensuring compliance with regulations, and will present these findings at the meeting.
More about Meshek Energy
Meshek Energy Ltd. is involved in the energy sector with a focus on the production and distribution of energy derived from real estate assets such as agricultural land. The company appears to be seeking to expand its energy production capabilities through strategic real estate transactions.
YTD Price Performance: 10.28%
Average Trading Volume: 731,222
Current Market Cap: ILS2.17B
For a thorough assessment of MSKE stock, go to TipRanks’ Stock Analysis page.