KOOR INDUSTRIES LTD
6-K, 2000-05-09
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 May, 2000


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


                  21 Ha'arba'ah Street, Tel Aviv 64739, 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
                                        ----------------------------------------
                                        By:    Shlomo Heller
                                        Title: General Counsel and
                                                 Company Secretary


Dated:  May 9, 2000
<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 May 4, 2000, regarding the acquisition of Koor Shares.

B              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 May 4, 2000, the changes in the share holdings of an
               interested party.

                                [Koor Letterhead]
                                                                       EXHIBIT A

                                                                     May 4, 2000



The Securities Authority      The Tel Aviv Stock      The Registrar of Companies
22 Kanfei Nesharim St.          Exchange              97 Yafo St.
Jerusalem 95464               54 Ahad Ha'am St.       Jerusalem 91007
                              Tel Aviv 65202
- ---------------               ------------------     ---------------
Fax: 02-6513940               Fax: 03-5105379
- ---------------               ---------------

Dear Sirs,

          Re:  Immediate Report - Koor Industries Ltd. (NO. 29/2000)
               Company No.  52-001414-3

Koor Industries Ltd. (hereinafter: "Koor") hereby announces the following:

1. On April 27, 2000 Koor acquired, during regular trading in the Stock
Exchange, various quantities at various rates, of ordinary shares (value of
0.001NIS per share) of Koor. The total shares acquired this day were 24,786 for
a total sum of 8,641,326.70 NIS. (the closing price of said shares on this day
was 34,950)

Further on April 30, 2000 Koor acquired, during regular trading in the Stock
Exchange, various quantities at various rates, of ordinary shares (value of
0.001 NIS per share) of Koor. The total shares acquired this day were 9,515 for
a total sum of 3,389,775.40 NIS. (the closing price of said shares on this day
was 35,670)

Further on May 1, 2000 Koor acquired, during regular trading in the Stock
Exchange, various quantities at various rates, of ordinary shares (value of
0.001 NIS per share) of Koor. The total shares acquired this day were 7,311 for
a total sum of 2,600,356.20 NIS. (the closing price of said shares on this day
was 35,760)

Further on May 2, 2000 Koor acquired, during regular trading in the Stock
Exchange, various quantities at various rates, of ordinary shares (value of
0.001 NIS per share) of Koor. The total shares acquired this day were 2,737 for
a total sum of 995,345 NIS. (the closing price of said shares on this day was
36,370)

Further on May 3, 2000 Koor acquired, during regular trading in the Stock
Exchange, various quantities at various rates, of ordinary shares (value of
0.001 NIS per share) of Koor. The total shares acquired this day were 13,117 for
a total sum of 4,794,132.60 NIS. (the closing price of said shares on this day
was 36,420)

2. As stated, Koor acquired a total of 57,466 ordinary shares, which represent
0.3% of its issued share capital.

                                        Yours sincerely,

                                        Shlomo Heller, Adv.
                                        Legal Counsel

<TABLE>
<CAPTION>
                                                                                                                    EXHIBIT B

                     Immediate Report in Connection with Changes in the Share Holdings of an Interested Party
                                       In terms of the Regulations under the Securities Law
                                             [Immediate and Periodical Reports], 1970

                                                                                                                    May 4, 2000

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

          Re:  Immediate Report - Koor Industries Ltd. (NO. 30/2000)
               Company No.  52-001414-3

====================  =========================  =================================================================================
  Interested Party           Security                            Details of changes in holding of security
====================  =========================  =================================================================================
<S>         <C>       <C>         <C>            <C>     <C>             <C>          <C>       <C>       <C>      <C>
 Name of    Identity  Securities  Name and type  Reason  Date of change  Transaction  Previous  Increase    New    Percentage after
Interested   number       No.      of security    for                       value      number    (+) or    number     transaction
  Party               registered   registered    change                                  of     decrease    of
                        on the                                                        holdings     (-)    holdings
                       Tel Aviv
                        Stock
                       Exchange
====================  =========================  =================================================================================
                                                         Day  Month  Year                                          Capital  Voting
====================  =========================  =================================================================================
Koor       999900010   0649012    Ordinary       11*     27    04    2000     34,950   313,727  (+)24,786
Industries                        shares
Ltd.                              NIS 0.001each
====================  =========================  =================================================================================
                                                 11*     30    04    2000     35,670            (+)9,515
====================  =========================  =================================================================================
                                                 11*     01    05    2000     35,760            (+)7,311
====================  =========================  =================================================================================
                                                 11*     02    05    2000     36,370            (+)2,737
====================  =========================  =================================================================================
                                                 11*     03    05    2000     36,420            (+)13,117
====================  =========================  =================================================================================
                                                                                       313,727  (+)57,466  371,193  2.2     ------
==================================================================================================================================

*Acquisition during regular trading

                                                       Shlomo Heller, Adv.
                                                       Legal Counsel
</TABLE>


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