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Tefron announces result of General Meeting
10
Apr '08
Tefron Ltd a leading producer of seamless intimate apparel and engineered-for-performance active wear, announced that at shareholders meeting, a majority of the shareholders voted in favor of the proposal to approve a second three-year term for Mr. Yacov Elinav as an "external director" under the Israeli Companies Law.

However, the majority did not include the votes of at least one-third (1/3) of the total votes of shareholders who are not "controlling shareholders", as required under the Israeli Companies Law, and therefore the proposal did not pass.


Tefron Ltd

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