Page 66 - Companies Report 2018 public
P. 66

Idud
                                                     Founded in 1944

           Idud’s principal mission is the collection of loans that had been provided by The Jewish Agency to
           the rural sector and to olim. It operates in the following areas:

               -  Collection of loans in the rural sector: handling debts from individuals and Rural Associations
                        through ongoing collection; providing information to bodies such as  the Rural
           Arrangements
                        Authority and to the Agency’s Assets Management Division.
               -  Collection of rent and provision of services for olim in absorption centers.
               -  Contracts & securities: Transfer of rights from  residents of moshavim and community
                  villages; decisions on  “next generation rights” in moshavim; approvals of initial land  use;
                  handling mortgages; assistance to authorities such as betterment tax, local authorities, ILA,
                  land registration.
               -  Collection of debts from the “Absorption Basket”
               -  Collection of debts from Student Authority loans;

           Board of Directors:  The following are the company’s directors:
               Elad Meiri (Chair), Riki august cohen, michael Fainberg, Yoel David.
               All of the above were appointed by The Jewish Agency.

             Acting CEO: Yafa Beer

                  Shares in the company are held as follows:

                                                           Shareholders
                                                                                                  Total
                   Share Category
                                      Jewish Agency           Jewish Agency Subsidiaries         Shares
                                                                                                 Issued
                       Founder              2                                                      2
                       Regular          29997995                          5                     2999800
                                                                                                   0



























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