Boymelgren broke

Boymelgreen CEO: ‘We lack Resources To Repay Debts’.

Published on: Today at 09:42 AM
News Source: Globes
Shaya BoymelgreenIsrael – The company has not yet published its financial report, but I hope that we’ll do so by the end of today,” Boymelgreen Capital Ltd. CEO Gil Tobul told bondholders today. US real estate developer Shaya Boymelgreen controls the company.
Tobul added, “The company had a plan for the sale of assets in order to meet its commitments. We’re dealing with a crisis, which no here has ever experienced, and the sales failed. The offers we received for not solve the problems.”