HERZLIYA, Israel, May 5, 2021 /PRNewswire/ -- Optibase
Ltd. (NASDAQ: OBAS) (the "Company" or
"Optibase") announces that further to its report dated
September 23, 2019, on May 3, 2021, the plaintiffs withdrew their appeal
filed against the District Court's decision to deny a motion to
approve a derivative claim, which withdrawal was approved by the
Israeli Supreme Court.
About Optibase
Optibase invests in the fixed-income real estate field and
currently holds interests in real estate properties in Switzerland, Texas, Philadelphia,
PA, Miami, FL, and in
Chicago, IL, USA and is currently
looking for additional real estate investment opportunities.
Optibase was previously engaged in the field of digital video
technologies until the sale of its video solutions business to
Optibase Technologies Ltd., a wholly owned subsidiary of VITEC
Multimedia in July 2010. For further
information, please visit www.optibase-holdings.com.
Media Contacts:
Amir Philips, CEO, Optibase Ltd.
+972-73-7073-700
info@optibase-holdings.com
Investor Relations Contact:
Marybeth Csaby, for
Optibase
+1-917-664-3055
marybeth.csaby@gmail.com
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SOURCE Optibase Ltd.