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Tedea Extends CEO Service Agreement and Office Cost Sharing

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Tedea Extends CEO Service Agreement and Office Cost Sharing

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Tedea ( (IL:TEDE) ) just unveiled an update.

Tedea has announced the approval of two key decisions during a special meeting. The company will extend its engagement with Gorfong Consulting and Management, owned by Mordechai Gorfong, to provide CEO services throughout 2025. Additionally, Mr. Gorfong will participate in half of the costs of maintaining the company’s offices and is granted permission to use the office for personal purposes. Both decisions were approved with a significant majority, reflecting strong support from stakeholders and potentially consolidating Tedea’s management structure.

More about Tedea

YTD Price Performance: -8.69%

Average Trading Volume: 3,923

Current Market Cap: ILS25.98M

For a thorough assessment of TEDE stock, go to TipRanks’ Stock Analysis page.

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