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PADICO Holding sells part of its stake in Jericho Gate Real Estate Investment Company

2019-02-10

 

 

PADICO Holding Group has lately sold part of its stake in Jericho Gate Real Estate Investment Company, equivalent to 25% of Jericho Gate’s paid-up capital (JD26 million), to raise PALTEL’s stake to 75% of Jericho Gate paid-up capital. This came within the group’s plan to reallocate its investments and current assets to strengthen its profits, in addition to diversify its income sources in the short and medium terms, which helps in executing its investment plan in new projects of promising economic sectors in line with PADICO’s objectives to contribute in building and strengthening the Palestinian economy through continuing efforts to create long term developmental projects. 


 

2019-05-23
Trading idleness and new economic projects that will revive the Palestinian economy

2019-05-23
Palestine Authority completes the “100 days economic plan”

2019-05-23
Palestine Investment Fund establishes solar panel plant in Jericho

2019-05-16
The PEX records an average PE of 9.9x and average P/BV of 1.20x in Q1 2019

2019-05-14
PALTEL invests in startup company

2019-05-09
Scarce trading with the start of the holy month Ramadan

2019-05-02
AIG posts net income of $0.48 million in Q1 2019

2019-05-02
NIC reports net income of $2.63 million in Q1 2019

2019-05-02
NSC reports net income of JD0.08 million in Q1 2019

2019-05-02
JREI realizes net loss of $0.15 million in Q1 2019

2019-05-02
QUDS reports net income of $2.46 million in Q1 2019

2019-05-02
MIC reports net income of $0.73 million in Q1 2019

2019-05-02
Relative calmness in the PEX with the end of the quarterly financial data disclosures’ season

2019-05-02
OOREDOO realizes net loss of $1.03 million in Q1 2019

2019-05-02
JPH records net income of $0.76 million in Q1 2019

2019-05-02
SANAD reports net income of $0.21 million in Q1 2019

2019-05-02
PRICO realizes net loss of JD0.13 million in Q1 2019

2019-05-02
WASSEL records net income of $0.09 million in Q1 2019

2019-05-02
PADICO posts net income of $15.85 million in Q1 2019

 

 

 
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