Selina presented the Israeli operation, which was running hotels around Israel, today to liquidate the Tel Aviv court. The company stopped operations in August 2024 after the Parents Company in the United Kingdom opened insolvency procedures in England.
The request claimed that the company does not have operations, assets, administrative offices or employees and that it has 1.5 million NIS of unpaid obligations to powers, suppliers and employees in addition to a 32 million NIS loan.
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The company attributes its collapse to the collapse of the English parent company and sold it to Singapore. “The parent company Selena PLC had previously managed a series of hotels around the world and was circulated on the Stock Exchange in New York. The company funded its expansion by obtaining credit from financing bodies and collecting money from investors, but the agency filled with monomene was placed, in addition to the citizen of local sites.
According to the application, presented by ADV. In August 2024, the trustees sold the assets of the parent company to Singapore, which informed all subsidiaries of the terminology of directors in all sub -companies, including the Israeli company, where the President served the CEO Rafael Moussa and the growth president of Daniel Rhodouzky. “It seems that the Singaporean Corporation does not care about companies operating in Israel, probably because of the war and stagnation in tourism in the country,” says the application.
As a result, Selena claims that she was left without “owner” and no alternative managers have been appointed, and she found herself in insolvency. The company had no financial resources to help subsidiaries that occupy real estate, pay the rent of real estate owners and their continuous expenses, and stop their operations.
It was published by Globes, Israel Business News – En.globes.co.il – on March 5, 2025.
© Copy Publish Publisher Itonut (1983) Ltd. , 2025.
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