Brief: G. Willi-Food Says Board Decides To Enter Into A New Business Of Providing Non-Bank Credit

G Willi Food International

15/11/2018 11:43

Nov 15 (Reuters) - G Willi-Food International Ltd  WILC.O :
    * G. WILLI-FOOD ANNOUNCES DECISION OF ITS BOARD OF DIRECTORS
TO
ENTER INTO A NEW BUSINESS ACTIVITY OF PROVIDING NON-BANK CREDIT
    * COMPANY ESTIMATES THAT CREDIT ACTIVITY WILL BE FINANCED
FROM ITS
EQUITY CAPITAL
    * G WILLI-FOOD INTERNATIONAL - BOARD AUTHORIZED MANAGEMENT
TO TAKE
ACTIONS FOR LICENSE TO EXTEND CREDIT UNDER SUPERVISION OF
FINANCIAL SERVICES LAW
    * G WILLI-FOOD-CREDIT ACTIVITY TO BE CONDUCTED ALONGWITH
CURRENT
ACTIVITY OF DEVELOPING, MANUFACTURING, AND INTERNATIONAL
DISTRIBUTION OF KOSHER FOOD
    * BOARD RESOLVED TO ENTER INTO A NEW BUSINESS ACTIVITY OF
PROVIDING NON-BANK CREDIT

Source text for Eikon:  ID:nPn885bs2a 
Further company coverage:  WILC.O 

 (Reuters.Briefs@thomsonreuters.com)