The investigators also questioned Melisron and Ofer Investments executives.
The Israel Securities Authority investigations department raided the offices of Melisron Ltd. (TASE: MLSR) and its controlling shareholder Ofer Investments Ltd., and seized documents. In a statement to the Tel Aviv Stock Exchange (TASE), Melisron said that the Securities Authority is investigating suspected violations of the Securities Law (5728-1968).
The investigators also questioned Melisron and Ofer Investments executives.
Yuli Ofer is chairman of Melisron and Ofer Investments. Melisron owns income-producing properties, mostly malls and hotels, in Israel and overseas, and high-end residential properties in Israel.
Melisron's share was unchanged in morning trading at NIS 91.95, giving a market cap of NIS 2.09 billion.
Published by Globes [online], Israel business news - www.globes-online.com - on April 29, 2010
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