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
66