Key Developments: Pointer Telocation Ltd (PNTR.PH)

PNTR.PH on Philadelphia Stock Exchange

1 Jun 2015
Change (% chg)

-- (--)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Search Stocks

Latest Key Developments (Source: Significant Developments)

Pointer Telocation announces plan to spin-off shagrir business
Monday, 1 Dec 2014 08:35am EST 

Pointer Telocation Ltd:Approves a plan to spin off certain assets and liabilities of its wholly owned subsidiary, Shagrir Systems Ltd into a new entity.Shagrir's current Road Side Assistance (RSA) and other related services shall be purchased by NewCo.Following the spin-off, Shagrir, with its remaining business consisting of Mobile Resource Management (MRM), will be merged into Pointer.Merger is expected to become effective as of Dec. 31.Pointer shares will continue to trade on the Nasdaq under the symbol 'PNTR' after the Distribution is completed.  Full Article

Pointer Telocation Ltd acquires Global Telematics
Tuesday, 9 Sep 2014 08:58am EDT 

Pointer Telocation Ltd:Acquires 100 pct interest in Global Telematics S.A. Proprietary Limited (Global Telematics).  Full Article

Pointer Telocation Ltd announces win of $1.3 mln project to provide advanced cargo tracking solutions in Africa
Monday, 25 Aug 2014 06:02am EDT 

Pointer Telocation Ltd:Says it has been awarded a supply contract to provide cargo tracking solutions for a customer in Africa.Contract is worth about $1.3 mln with revenues expected to be recorded in the second half of 2014.  Full Article

Pointer Telocation Ltd announces commitments for $10.44 mln private placement
Thursday, 6 Mar 2014 03:50am EST 

Pointer Telocation Ltd:Receives irrevocable commitments to purchase ordinary shares in private placement to certain institutional companies in Israel.Pointer received commitments to purchase about 1.13 mln ordinary shares at $9.25 per share.For aggregate consideration of about $10.44 mln in offering.  Full Article

Pointer Telocation Ltd announces closing of acquisition of remainder of Shagrir Systems Ltd., reaching 100 pct ownership
Wednesday, 15 Jan 2014 07:22am EST 

Pointer Telocation Ltd:Says it has completed its previously announced acquisition of the 45.5 pct interest in Shagrir Systems Ltd. that it did not previously own, including Shagrir's management portion. Pointer now owns 100pct and has fully consolidated the share capital of Shagrir.Says in consideration Pointer paid aggregate of 27 Israeli Shekel mln (about $7.72 mln) and it issued 994,357 Ordinary Shares to Shagrir's selling shareholders, representing 15.2 pct of the issued share capital.  Full Article

Pointer Telocation Ltd gives FY 2014 revenue guidance
Thursday, 14 Nov 2013 06:23am EST 

Pointer Telocation Ltd:Says it expect that full year revenues in FY 2014 will exceed $100 million.  Full Article

Pointer Telocation Ltd Announces the Win of a $3M Project to Provide Advanced Solutions for Fleet Management in Brazil
Wednesday, 30 Oct 2013 08:30am EDT 

Pointer Telocation Ltd announced that it has been awarded a supply and installation contract to provide advanced solutions to manage a fleet of vehicles in Brazil. The contract is worth approximately $3 million with revenues expected to commence in the fourth quarter of 2013. The advanced solutions will enable the customer to effectively manage its fleet of over 3,000 motor vehicles.  Full Article

Search Stocks