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Last 1,050
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As of 7:24 AM 10/1/15 All times are local (Market data is delayed by at least 15 minutes).

jerusalem economy ltd (ECJM) Snapshot

Previous Close
Day High
Day Low
52 Week High
10/7/14 - $3,043
52 Week Low
12/25/14 - $1,025
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for JERUSALEM ECONOMY LTD (ECJM)

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jerusalem economy ltd (ECJM) Details

Jerusalem Economy Ltd., a real estate company, owns, develops, rents, and manages real estate assets. It acquires, develops, and rents industrial, commercial, and office buildings; and develops and builds projects in the residential, industrial, high-tech, storage, and commercial sectors. The company manages approximately 4.2 million square meters of rental properties. It operates in the United States, Thailand, Serbia, Belarus, Ukraine, Russia, Poland, Lithuania, Germany, France, Canada, and Israel. The company was founded in 1948 and is headquartered in Tel Aviv, Israel.

Founded in 1948

jerusalem economy ltd (ECJM) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: 2.7M
Chief Financial Officer and Vice President
Total Annual Compensation: 151.0K
Vice President of Operations
Total Annual Compensation: 1.4M
Compensation as of Fiscal Year 2014.

jerusalem economy ltd (ECJM) Key Developments

Steinmetz In Talks To Acquire Stake In JEC

Jerusalem Economy Ltd. (TASE:ECJM) (JEC) has notified the Tel Aviv Stock Exchange (TASE) that Eliezer Fishman is in talks to sell as 40% equity stake, and 45% of voting rights to Beny Steinmetz. The possible sale is a result of the financial challenges facing Fishman. Fishman said, "There is no certainty that the talks will result in a binding agreement because the matter also depends on completion of talks between the buyer and the banks, which hold a lien on the shares being sold."

Leumi Reportedly To Sell Stake In Jerusalem Economy To Beny Steinmetz

Bank Leumi Le-Israel BM (TASE:LUMI) is reportedly said to be in talks to sell a stake in Jerusalem Economy Ltd. (TASE:ECJM) to Beny Steinmetz. Bank Leumi is looking to sell the stake to raise capital that Jerusalem Economy's majority shareholder, Eliezer Fishman, owes it. Sources said Steinmetz is likely to pay ILS 400 million the 40% holding that Fishman pledged as collateral to the bank.

Jerusalem Economy Ltd., Special/Extraordinary Shareholders Meeting, Dec 16, 2014

Jerusalem Economy Ltd., Special/Extraordinary Shareholders Meeting, Dec 16, 2014., at 10:30 Israel Standard Time.


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