KOOR INDUSTRIES LTD
6-K, 1999-11-26
RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT
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<PAGE>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 6-K

                        REPORT OF FOREIGN PRIVATE ISSUER
                      PURSUANT TO RULE 13A-16 OR 15D-16 OF
                       THE SECURITIES EXCHANGE ACT OF 1934


                         For the Month of November, 1999


                              Koor Industries Ltd.
- --------------------------------------------------------------------------------
                 (Translation of registrant's name into English)


                    4 Kaufman Street, Tel-Aviv, 68012, Israel
- --------------------------------------------------------------------------------
                    (Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.

               FORM 20-F    X                FORM 40-F
                         -------                        -------

Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to rule 12g3-2(b) under the Securities Exchange Act of 1934.

               YES                           NO     X
                    -------                      -------

If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-_____

                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned thereunto duly authorized.



                                        /s/ Shlomo Heller
                                        ----------------------------------------
Date:  November 26, 1999                By: Shlomo Heller
<PAGE>

EXHIBIT       DESCRIPTION

   A.         Translation from Hebrew to English of an Immediate Report
              (the "Report"), which was served on the Israeli Securities
              Authority, The Tel-Aviv Stock Exchange Ltd. and the Registrar
              of Companies, on November 25, 1999, regarding a resolution to
              distribute a Second Interim Dividend for the year 1999.





<TABLE>
<CAPTION>
[LOGO]  KOOR INDUSTRIES LTD.
- --------------------------------------------------------------------------------------
                                                               OFFICE OF LEGAL COUNSEL
                                                               21 Ha'arba'a Street
                                                               Tel Aviv 64739
                                                               Israel
                                                               Tel:  972-3-6238420
                                                               Fax: 972-3-6238425

                                                               25 November 1999


<S>                         <C>                             <C>
The Securities Authority    The Tel Aviv Stock Exchange     The Registrar of Companies
22 Kanfei Nesharim St.      54 Ahad Ha'am St.               97 Yafo St.
Jerusalem 95464             Tel Aviv 65202                  Jerusalem 91007
- ---------------             --------------                  ---------------

Fax: 02-6513940             Fax: 03-5105379
</TABLE>


Dear Sirs,


                     RE:  IMMEDIATE REPORT - KOOR INDUSTRIES LTD. (NO. 41/99)
                          COMPANY NO.  52-001414-3

Koor Industries Ltd. hereby gives notice that the Board of Directors of the
Company on November 24, 1999 resolved to distribute a Second Interim
Dividend for the year of 1999.

The Interim Dividend will amount to NIS 2.7 per Ordinary Share of the
Company, each Share having a Nominal Value of NIS 0.001.

The Interim Dividend shall be payable to shareholders of record on Monday,
December 27, 1999.

The "X" date is Tuesday, December 28, 1999.

The date of payment of the Interim Dividend shall be Tuesday, January 11,
2000.

Tax at source up to 25% will be deducted according to the applicable law.



                                        Yours sincerely,


                                        (-)
                                        Shlomo Heller, Adv.
                                        Legal Counsel





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