Modgal increased its stake by 5% to 62% at an investment of NIS 62 million.
Modgal Industries Ltd. has increased its stake in Israel Petrochemical Enterprises Ltd. (TASE:PTCH) by 5% to 62% at an investment of NIS 62 million.
Modgal is controlled by Gima Investments Ltd. and Federman Holdings Ltd.
Published by Globes [online], Israel business news - www.globes.co.il - on January 25, 2007
© Copyright of Globes Publisher Itonut (1983) Ltd. 2007