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An update from Meshek Energy ( (IL:MSKE) ) is now available.
The Phoenix Investments House Ltd has become an interested party in Meshek Energy due to a significant purchase of ordinary shares on the stock exchange, totaling 4,981,885 shares. This acquisition raises their holding percentage to 1.02% of Meshek Energy’s capital and voting rights. The move signifies The Phoenix Investments House Ltd’s strategic positioning within the energy sector, potentially impacting Meshek Energy’s market dynamics and stakeholder interests as they now have the right to appoint a director or representative on the company’s board.
More about Meshek Energy
YTD Price Performance: 31.99%
Average Trading Volume: 849,645
Current Market Cap: ILS2.45B
See more data about MSKE stock on TipRanks’ Stock Analysis page.