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Wednesday, March 01, 2017 9:42:03 AM
(Seems like not too many buyers around )
TEL AVIV, ISRAEL / ACCESSWIRE / March 1, 2017 / Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today, in further to the announcements dated on January 15, October 25 and November 29, 2016, regarding an agreement to waive any of its rights and interest in a special purpose vehicle which holds a land plot in Kochi, India, that the Company and the local investor has agreed that the long stop date, will be extended from February 28, 2017 to June 30, 2017.
All other terms and conditions of the agreement shall remain unchanged.
The Company will update regarding any new developments.
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