Category: Landas
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Benny Landa’s GenCell to implement streamlining plan
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Israeli clean tech company Gensel Energy (TASE: GNCL), whose largest shareholder is businessman Benny Lando, is implementing a simplification plan, “in order to improve its capital flow position and financial strength.” The company announced further reductions in its workforce, cuts in administrative and general expenses, cuts in research and development…
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Court issues stay-of-proceedings for Landa’s diamond co
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The District Court today issued an order to halt the proceedings of Benny Lando’s lab-grown diamond product for 14 days. LucixJudge Irit Weinberg Notowitz has appointed attorney Shai Bar-Nir to submit a report on the company’s status within ten days. “It appears that there is a need to appoint an…
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Landas lab-grown diamonds co LUSIX seeks debt settlement
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Benny Landa’s LUSIX wants to reach a debt settlement with its creditors to stabilize the company after lab-grown diamond prices fell by 90% on global markets. Beneland’s Lab Grown Diamond (LGD) Product Lucix Losix is expected to seek a settlement after failing to raise money from existing investors led by…