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BRAVO approves transferring the supermarkets’ operations to new established company

2016-10-11

The board of directors of the Arab Palestinian Shopping Centers BRAVO held a meeting on 10/10/2016, whereby approved establishing a private shareholding company and transferring the supermarkets’ operations and the net assets worth $1.8 million to it, excluding the buildings and real estate as an in kind contribution in the company’s capital. Accordingly, BRAVO will become a real estate specialized company.


 

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