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An update from Orian ( (IL:ORIN) ) is now available.
Orian Ltd has submitted an offer to purchase land rights in the Kiryat Gat Industrial Zone to develop an integrated industrial park for high-tech and electronics companies. The proposal, which is subject to approval by the Land Authority and the Investment Promotion Center, involves purchasing the land in exchange for shares and additional financing through a share issuance. The company acknowledges the risks of potential delays and unforeseen costs associated with the project.
More about Orian
YTD Price Performance: 18.79%
Average Trading Volume: 6,383
Current Market Cap: ILS418M
Learn more about ORIN stock on TipRanks’ Stock Analysis page.