Kardan is holding company that owes the double of its presumed assets. Its owners sold all their shares before Kardan become almost worthless. Kardan has three assets that has been trying to sell for more than three years: TAHAL, the Dalian Mall and AVIS Ukraine. They almost sold Tahal for 100 million sheqels to Fortissimo Fund. Tahal, and I worked twenty years for that consulting company, is worth little to nothing. After Government subsidies stopped, I wondered how they were able to pay my salary. I am watching and waiting.
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