Eurocom Communications, Ltd. made an offer to acquire remaining 19.66% stake in Satcom Systems, Ltd. (TASE:STCM) for ILS 10.8 million in cash on January 29, 2012. Eurocom Communications, Ltd. will acquire 6.02 million shares for ILS 1.8 per share. Eurocom Communications, Ltd. revised the offer price from ILS 1.8 per share to ILS 3 per share. The closing date for the offer is February 2, 2012.