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Synel MLL Announces Departure of External Director Shlomo Zvi Qartler

Story Highlights
  • Synel MLL announced the cessation of Shlomo Zvi Qartler’s role as an external director.
  • Despite his departure, Synel maintains compliance but loses majority of independent directors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Synel MLL Announces Departure of External Director Shlomo Zvi Qartler

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Synel ( (IL:SNEL) ) has provided an announcement.

Synel MLL announced the cessation of Shlomo Zvi Qartler’s role as an external director, effective February 13, 2025. Despite his departure, the company maintains compliance with its bylaws regarding board independence, although it no longer has a majority of independent directors. The resignation does not involve circumstances needing disclosure to securities holders, and there are plans for a general meeting to consider reappointing Mr. Qartler.

More about Synel

Synel MLL is a company listed on the Tel Aviv Stock Exchange, previously known as Synel Industries Ltd. It is situated in Petah Tikva, Israel, and operates within the industry that typically involves products or services related to corporate or industrial operations. The company is involved in sectors that require a focus on securities and regulatory compliance.

YTD Price Performance: 15.37%

Average Trading Volume: 4,031

Current Market Cap: ILS97.29M

See more data about SNEL stock on TipRanks’ Stock Analysis page.

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