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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 March, 2000
Koor Industries Ltd.
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(Translation of registrant's name into English)
4 Kaufman Street, Tel-Aviv, 68012, Israel
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(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
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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
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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
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By: Shlomo Heller
Title: General Counsel and
Company Secretary
Dated: March 7, 2000
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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 March 5, 2000, regarding clarification of Immediate Report No.
11/2000.
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[Koor Letterhead]
EXHIBIT A
March 6, 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
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Fax: 02-6513940 Fax: 03-5105379
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Dear Sirs,
Further to Immediate Report No. 11/2000 that was filed on March 6, 2000 by Koor
Industries LTD in the matter of the Nortel deal, I wish to clarify the
following:
1. The business activities that Telard will sell to Nortel Israel represents
between 40%-50% of Telard's business activity.
2. Parallel to the Koor Group's investments in Nortel Israel, Nortel Israel
will coordinate the current Israeli activities of the Canadian Nortel, not
executed through Telard, and will have direct access to Nortel technologies,
including futuristic technologies.
Yours sincerely,
Shlomo Heller, Adv.
Legal Counsel
