Friday 6 January 2012

Jackob Maimon Resigns as Chairman and Director from the Companies Affiliated with Isramco Ltd

Jackob Maimon Resigns as Chairman and Director from the Companies Affiliated with Isramco Ltd
Jackob Maimon unexpectedly resigned as chairman and director from the companies affiliated with Isramco and JOEL Jerusalem Oil Exploration Ltd. including Equital Ltd., Airport City Ltd., Naphtha Israel Petroleum Corp. and Nitsba Holdings 1995 Ltd. He was the controlling shareholder of the group along with Haim Tsuff. Tsuff will replace Maimon as chairman when the resignation comes into effect on June 15, 2010.

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