Max Stock announces it has signed a contract for the construction and lease of a logistics center in southern Israel
Pursuant to the terms of the agreement, the amount of the guarantee will also be subject to VAT and linkage.
- Pursuant to the terms of the agreement, the amount of the guarantee will also be subject to VAT and linkage.
- The Company may give notice that it will not lease the additional building if the building permit is not obtained by said date.
- Investment in the construction and customization of the consolidated logistics center: The Company assesses that the customization works of the consolidated logistics center for its needs will cost approximately ILS 30 million.
- Based on milestones, the consolidated logistics center will replace the logistic centers currently used by the Company.