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Mira Mag Inc, et al. – ‘SC 13D/A’ on 1/10/08 re: Magal Security Systems Ltd

On: Thursday, 1/10/08, at 4:51pm ET · Accession #: 1178913-8-99 · File #: 5-53191

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 1/10/08  Mira Mag Inc                      SC 13D/A               2:24K  Magal Security Systems Ltd        Z-K Global Ltd/FA
          Ki Corporation Ltd.
          Mr. Nathan Kirsh
          The Eurona Foundation

Amendment to General Statement of Beneficial Ownership — Schedule 13D
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13D/A    Amendment to General Statement of Beneficial          11     41K 
                          Ownership                                              
 2: EX-99.1     Miscellaneous Exhibit                                  1      6K

SC 13D/A — Amendment to General Statement of Beneficial Ownership
Document Table of Contents

Page	(sequential)	\|	(alphabetic)	Top
			Alternative Formats (Word, et al.) Identity and Background Interest in Securities of the Issuer Purpose of Transaction Source and Amount of Funds or Other Consideration
1	1st Page - Filing Submission
6	Item 2. Identity and Background
7	Item 3. Source and Amount of Funds or Other Consideration
"	Item 4. Purpose of Transaction
8	Item 5. Interest in Securities of the Issuer

SC 13D/A 1st Page of 11 TOC ↑Top Previous Next ↓Bottom Just 1st
 
 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

SCHEDULE 13D
(AMENDMENT NO. 5)*

 UNDER THE SECURITIES EXCHANGE ACT OF 1934

 MAGAL SECURITY SYSTEMS LTD.
(Name of Issuer)

ORDINARY SHARES, PAR VALUE NIS1.00 PER SHARE
(Title of Class of Securities)

 M6786D 10 4
(CUSIP Number)

Steven J. Glusband
 Carter, Ledyard & Milburn
 2 Wall Street, New York, New York 10005
(212) 732-3200
--------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)

 November 20, 2007
--------------------------------------------------------
 (Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report 
the acquisition which is the subject of this Schedule 13D, and is filing this   
schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box [_].                                                              

NOTE: Schedules filed in paper format will include a signed original and five   
copies of the schedule, including all exhibits. See ss. 240.13d-7 for other     
parties to whom copies are to be sent.                                          

* The remainder of this cover page will be filled out for a reporting person's  
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter           
disclosures provided in a prior cover page.                                     

The information required on the remainder of this cover page will not be deemed 
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of   
1934 ("Act") or otherwise subject to the liabilities of that section of the Act 
but will be subject to all other provisions of the Act (however, see the Notes).

SC 13D/A 2nd Page of 11 TOC 1st Previous Next ↓Bottom Just 2nd
CUSIP No. M6786D 10 4                                                           

--------------------------------------------------------------------------------
1    NAME OF REPORTING PERSON:  Mira Mag Inc.                                   

   I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): Not Applicable
--------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:                          
(a)  [_]                                                              
(b)  [X]                                                              
--------------------------------------------------------------------------------
3    SEC USE ONLY                                                               

--------------------------------------------------------------------------------
4    SOURCE OF FUNDS:                                                           
WC                                                                    
--------------------------------------------------------------------------------
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 
2(d) or 2(e):      [_]                                                
--------------------------------------------------------------------------------
6    CITIZENSHIP OR PLACE OF ORGANIZATION:                                      
Liberia                                                               
--------------------------------------------------------------------------------
7    SOLE VOTING POWER:                   
0                               
NUMBER OF          -------------------------------------------------------------
SHARES             8    SHARED VOTING POWER:                                    
BENEFICIALLY            1,485,852*                                              
OWNED BY           -------------------------------------------------------------
EACH               9    SOLE DISPOSITIVE POWER:                                 
REPORTING               0                                                       
PERSON WITH        -------------------------------------------------------------
10   SHARED DISPOSITIVE POWER:            
1,485,852*                      
--------------------------------------------------------------------------------
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:              
1,485,852                                                             
--------------------------------------------------------------------------------
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES      
[_]                                                                   
--------------------------------------------------------------------------------
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):                        
14.29%                                                                
--------------------------------------------------------------------------------
14   TYPE OF REPORTING PERSON:                                                  
CO                                                                    
--------------------------------------------------------------------------------

----------------------                                                          

* Mr. Kirsh, The Eurona Foundation, Ki Corporation Limited and Mira Mag Inc. are
the beneficial owners of 1,485,852 ordinary shares of the Issuer. Mira Mag Inc. 
directly holds 1,485,852 ordinary shares of the Issuer. The Eurona Foundation is
Lichtenstein trust controlled by Nathan Kirsh, who is also the trustee of such  
entity. The Eurona Foundation holds 100% of Ki Corporation Limited. Ki          
Corporation Limited holds 100% of the shares of Mira Mag Inc. Accordingly, Mr.  
Kirsh may be deemed to have the sole voting and dispositive power as to the     
1,485,852 ordinary shares of the Issuer held by Mira Mag Inc.                   

- 2 - 

SC 13D/A 3rd Page of 11 TOC 1st Previous Next ↓Bottom Just 3rd
CUSIP No. M6786D 10 4                                                           

--------------------------------------------------------------------------------
1    NAME OF REPORTING PERSON:  Ki Corporation Ltd.                             

   I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): Not Applicable
--------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:                          
(a)  [_]                                                              
(b)  [X]                                                              
--------------------------------------------------------------------------------
3    SEC USE ONLY                                                               

--------------------------------------------------------------------------------
4    SOURCE OF FUNDS:                                                           
WC                                                                    
--------------------------------------------------------------------------------
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 
2(d) or 2(e):      [_]                                                
--------------------------------------------------------------------------------
6    CITIZENSHIP OR PLACE OF ORGANIZATION                                       
LIBERIA                                                               
--------------------------------------------------------------------------------
7    SOLE VOTING POWER:                   
0                               
NUMBER OF          -------------------------------------------------------------
SHARES             8    SHARED VOTING POWER:                                    
BENEFICIALLY            1,567,226*                                              
OWNED BY           -------------------------------------------------------------
EACH               9    SOLE DISPOSITIVE POWER:                                 
REPORTING               0                                                       
PERSON WITH        -------------------------------------------------------------
10   SHARED DISPOSITIVE POWER:            
1,567,226*                      
--------------------------------------------------------------------------------
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:              
1,567,226                                                             
--------------------------------------------------------------------------------
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES      
[_]                                                                   
--------------------------------------------------------------------------------
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):                        
15.08%                                                                
--------------------------------------------------------------------------------
14   TYPE OF REPORTING PERSON:                                                  
CO                                                                    
--------------------------------------------------------------------------------

----------------------                                                          

* Mr. Kirsh, The Eurona Foundation and Ki Corporation Limited and Mira Mag Inc. 
are the beneficial owners of 1,485,852 ordinary shares of the Issuer. Mira Mag  
Inc. directly holds 1,485,852 ordinary shares of the Issuer. The Eurona         
Foundation is Lichtenstein trust controlled by Nathan Kirsh, who is also the    
trustee of such entity. The Eurona Foundation holds 100% of Ki Corporation      
Limited. Ki Corporation Limited holds 100% of the shares of Mira Mag Inc. In    
addition, Ki Corporation directly holds 81,374 ordinary shares of the Issuer.   
Accordingly, Mr. Kirsh may be deemed to have the sole voting and dispositive    
power as to the 1,567,226ordinary shares of the Issuer held by Ki Corporation   
and Mira Mag Inc.                                                               

- 3 - 

SC 13D/A 4th Page of 11 TOC 1st Previous Next ↓Bottom Just 4th
CUSIP No. M6786D 10 4                                                           

--------------------------------------------------------------------------------
1    NAME OF REPORTING PERSON:  The Eurona Foundation                           

   I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): Not Applicable
--------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:                          
(a)  [_]                                                              
(b)  [X]                                                              
--------------------------------------------------------------------------------
3    SEC USE ONLY                                                               

--------------------------------------------------------------------------------
4    SOURCE OF FUNDS:                                                           
WC                                                                    
--------------------------------------------------------------------------------
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 
2(d) or 2(e):      [_]                                                
--------------------------------------------------------------------------------
6    CITIZENSHIP OR PLACE OF ORGANIZATION:                                      
Liechtenstein                                                         
--------------------------------------------------------------------------------
7    SOLE VOTING POWER:                   
0                               
NUMBER OF          -------------------------------------------------------------
SHARES             8    SHARED VOTING POWER:                                    
BENEFICIALLY            1,567,226*                                              
OWNED BY           -------------------------------------------------------------
EACH               9    SOLE DISPOSITIVE POWER:                                 
REPORTING               0                                                       
PERSON WITH        -------------------------------------------------------------
10   SHARED DISPOSITIVE POWER:            
1,567,226*                      
--------------------------------------------------------------------------------
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:              
1,567,226                                                             
--------------------------------------------------------------------------------
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES      
[_]                                                                   
--------------------------------------------------------------------------------
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):                        
15.08%                                                                
--------------------------------------------------------------------------------
14   TYPE OF REPORTING PERSON:                                                  
OO                                                                    
--------------------------------------------------------------------------------

----------------------                                                          

* Mr. Kirsh, The Eurona Foundation, Ki Corporation Limited and Mira Mag Inc. are
the beneficial owners of 1,485,852 ordinary shares of the Issuer. Mira Mag Inc. 
directly holds 1,485,852 ordinary shares of the Issuer. The Eurona Foundation is
Lichtenstein trust controlled by Nathan Kirsh, who is also the trustee of such  
entity. The Eurona Foundation holds 100% of Ki Corporation Limited. Ki          
Corporation Limited holds 100% of the shares of Mira Mag Inc. In addition, Ki   
Corporation directly holds 81,374 ordinary shares of the Issuer. Accordingly,   
Mr. Kirsh may be deemed to have the sole voting and dispositive power as to the 
1,567,226 ordinary shares of the Issuer held by Ki Corporation and Mira Mag Inc.

- 4 - 

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CUSIP No. M6786D 10 4                                                           

--------------------------------------------------------------------------------
1    NAME OF REPORTING PERSON:  Mr. Nathan Kirsh                                

   I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): Not Applicable
--------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:                          
(a)  [_]                                                              
(b)  [X]                                                              
--------------------------------------------------------------------------------
3    SEC USE ONLY                                                               

--------------------------------------------------------------------------------
4    SOURCE OF FUNDS:                                                           
PF, WC                                                                
--------------------------------------------------------------------------------
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 
2(d) or 2(e):      [_]                                                
--------------------------------------------------------------------------------
6    CITIZENSHIP OR PLACE OF ORGANIZATION:                                      
Swaziland                                                             
--------------------------------------------------------------------------------
7    SOLE VOTING POWER:                   
346,375                         
NUMBER OF          -------------------------------------------------------------
SHARES             8    SHARED VOTING POWER:                                    
BENEFICIALLY            1,567,226*                                              
OWNED BY           -------------------------------------------------------------
EACH               9    SOLE DISPOSITIVE POWER:                                 
REPORTING               346,375                                                 
PERSON WITH        -------------------------------------------------------------
10   SHARED DISPOSITIVE POWER:            
1,567,226*                      
--------------------------------------------------------------------------------
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:              
1,913,601                                                             
--------------------------------------------------------------------------------
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES      
[_]                                                                   
--------------------------------------------------------------------------------
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):                        
18.41%                                                                
--------------------------------------------------------------------------------
14   TYPE OF REPORTING PERSON:                                                  
IN                                                                    
--------------------------------------------------------------------------------

----------------------                                                          

* Mr. Kirsh, The Eurona Foundation, Ki Corporation Limited and Mira Mag Inc. are
the beneficial owners of 1,485,852 ordinary shares of the Issuer. Mira Mag Inc. 
directly holds 1,485,852 ordinary shares of the Issuer. The Eurona Foundation is
Lichtenstein trust controlled by Nathan Kirsh, who is also the trustee of such  
entity. The Eurona Foundation holds 100%of Ki Corporation Limited. Ki           
Corporation Limited holds 100%of the shares of Mira Mag Inc. In addition, Ki    
Corporation directly holds 81,374ordinary shares of the Issuer. Accordingly, Mr.
Kirsh may be deemed to have the sole voting and dispositive power as to the     
1,567,226ordinary shares of the Issuer held by Ki Corporation and Mira Mag Inc. 

- 5 - 

SC 13D/A 6th Page of 11 TOC 1st Previous Next ↓Bottom Just 6th
    This Amendment No. 5 to the Statement on Schedule 13D dated July 24, 2003,
and previously amended on February 13, 2007, is being filled to report the      
Purchase by Ki Corporation Limited ("Ki Corporation") of an aggregate of 81,374 
ordinary shares, NIS 1.0 par value, of Magal Security Systems, Ltd., an Israeli 
corporation, (the "Issuer"), whose principal executive offices are located at 17
Altalef Street, Yahud Industrial Zone, 56100, Israel.                           

ITEM 2. IDENTITY AND BACKGROUND                                                 

ITEM 2 OF THIS STATEMENT IS HEREBY AMENDED AND RESTATED TO READ IN ITS
ENTIRETY AS FOLLOWS:                                                            

  This statement is being filed by Mr. Nathan Kirsh, The Eurona Foundation
(the "Foundation"), Ki Corporation and Mira Mag Inc., ("Mira Mag").             

Mr. Nathan Kirsh is an independent investor. Mr. Kirsh has served as a
director of the Issuer since 1984, as a trustee of the Foundation since its     
incorporation and as a director of Mira Mag since its incorporation in 1984. Mr.
Kirsh's business address is c/o Kirsh Holdings Ltd. Development House, Swazi    
Plaza, Mbabane, Swaziland.                                                      

     The Foundation is a trust organized in Liechtenstein. The Eurona Foundation
is an entity controlled by Nathan Kirsh, the trustees of which are Prinz Michael
von Liechtenstein and Nathan Kirsh. The principal business office of the        
Foundation is Altenbach 8, P. O. Box 339, FL 9490 Vaduz, Liechtenstein.         

Ki Corporation is a holding company, incorporated under the law of the
state of Liberia. 100% of the shares of Ki Corporation are held by the          
Foundation. The business address of Ki Corporation is c/o 4th Floor, Liqhaga    
House, Nkoseluhlaza Street. Ki Corporation's directors are Messrs. Nathan Kirsh,
Philip William Kirsh and Paul Jonathan Friedlander and Mrs. Myra Anne Salkinder.

   Mira Mag is a holding company, incorporated under the law of the state of
Liberia. 100% of the shares of Mira Mag are held by Ki Corporation The business 
address of Mira Mag is c/o International Trust Company of Liberia, 80 Broad     
Street, City of Monrovia, County of Montserrado, Republic of Liberia. Mira Mag's
directors are Messrs. Nathan Kirsh, Stanley Fleishman and Jacob Even Ezra.      

During the last five years, neither Mr. Kirsh, the Foundation, Ki     
Corporation or Mira Mag, nor any of the trustees of the Foundation or the       
directors and executive officers of Ki Corporation and Mira Mag, listed on      
Schedule 1 hereto, has been (1) convicted in a criminal proceeding (excluding   
traffic violations or similar misdemeanors) or (2) was a party to a civil       
proceeding of a judicial or administrative body of competent jurisdiction and as
a result of such proceeding was or is subject to a judgment, decree or final    
order enjoining future violations of, or prohibiting or mandating activities    
subject to, U.S. federal or state securities laws or finding any violation with 
respect to such laws.                                                           

- 6 - 

SC 13D/A 7th Page of 11 TOC 1st Previous Next ↓Bottom Just 7th
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.                      

ITEM 3 OF THIS STATEMENT IS HEREBY AMENDED TO ADD THE FOLLOWING:      

    From November 20, 2007 through December 19, 2007, Ki Corporation purchased
an aggregate of 58,700 ordinary shares of the Issuer in a series of             
transactions. The aggregate purchase price for such 81,374 ordinary shares was  
approximately $600,000 all of which amount was paid by Ki Corporation from its  
working capital.                                                                

ITEM 4. PURPOSE OF TRANSACTION                                                  

ITEM 4 OF THIS STATEMENT IS HEREBY AMENDED TO ADD THE FOLLOWING:      

(C) The 81,374 ordinary shares purchased by Ki Corporation during the 
period from November 20, 2007 through December 19, 2007 were purchased for      
portfolio investment purposes. Mr. Nathan Kirsh, the Foundation, Ki Corporation 
and Mira Mag currently do not have any plan or proposal, which relates to or    
would result in:                                                                

     (a) the acquisition by any person of additional securities of the
Issuer, or the disposition of securities of the Issuer;               

 (b) an extraordinary corporate transaction, such as a merger,
reorganization, or liquidation, involving the Issuer or any of its    
subsidiaries;                                                         

    (c) a sale or transfer of a material amount of the assets of the
Issuer or any of its subsidiaries;                                    

         (d) any change in the present board of directors or management of the
Issuer, including any plan or proposal to change the number or term of
directors or to fill any existing vacancies on the board;             

     (e) any material change in the present capitalization or dividend
policy of the Issuer;                                                 

       (f) any other material change in the Issuer's business or corporate
structure;                                                            

         (g) changes in the Issuer's charter or by-laws or other actions which
may impede the acquisition of control of the Issuer by any person;    

          (h) a class of securities of the Issuer being delisted from a national
securities exchange or ceasing to be authorized to be quoted in an    
inter-dealer quotation system of a registered national securities     
association;                                                          

- 7 - 

SC 13D/A 8th Page of 11 TOC 1st Previous Next ↓Bottom Just 8th
        (i) a class of equity securities of the Issuer becoming eligible for
    termination of registration pursuant to Section 12(g)(4) of the Securities
Exchange Act of 1934; or                                              

(j) any action similar to any of those enumerated above.    

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER                                    

ITEM 5 OF THIS STATEMENT IS HEREBY AMENDED AND RESTATED TO READ IN ITS
ENTIRETY AS FOLLOWS:                                                            

  (A) Mr. Kirsh is the holder of 346,375 ordinary shares of the Issuer, or
approximately 3.33% of the 10,396,548 ordinary shares of the Issuer's issued and
outstanding shares as of January 10, 2008.                                      

    Mr. Kirsh, the Foundation and Ki Corporation are the beneficial holders of
81,374 ordinary shares of the Issuer, or approximately 0.56% of the 10,396,548  
ordinary shares of the Issuer's issued and outstanding shares as of January 10, 
2008.                                                                           

   Mr. Kirsh, the Foundation, Ki Corporation and Mira Mag are the beneficial
holders of 1,567,226 ordinary shares of the Issuer, or approximately 15.08% of  
the 10,396,548 ordinary shares of the Issuer's issued and outstanding shares as 
of January 10, 2008.                                                            

    (B) Mr. Kirsh has sole power to vote or direct the vote and the sole power
to dispose or direct the disposition of the 346,375 ordinary shares currently   
held by him.                                                                    

   Mr. Kirsh, the Foundation and Ki Corporation have shared power to vote or
direct the vote and the shared power to dispose or direct the disposition of the
81,374ordinary shares currently beneficially owned by Mr. Kirsh, the Foundation 
and Ki Corporation.                                                             

     Mr. Kirsh, the Foundation, Ki Corporation and Mira Mag have shared power to
vote or direct the vote and the shared power to dispose or direct the           
disposition of the 1,567,226ordinary shares currently beneficially owned by Mr. 
Kirsh, the Foundation, Ki Corporation and Mira Mag.                             

 (C) The following table sets forth all the transactions in the ordinary
shares of the Issuer effected by Ki Corporation since November 20, 2007. All    
such transactions were open market purchases effected on the Tel Aviv Stock     
Exchange and on the NASDAQ National Market.                                     

- 8 - 

SC 13D/A 9th Page of 11 TOC 1st Previous Next ↓Bottom Just 9th
Date of Purchase by               Number of                                     
Ki Corporation                Ordinary Shares          Price Per Share*     
-------------------             ---------------          ----------------       
November 20, 2007                   9,000                    $0.14              
November 21, 2007                   5,300                    $0.14              
November 23, 2007                   3,400                    $0.14              
November 26, 2007                   7,000                    $0.14              
November 27, 2007                   6,300                    $0.14              
November 28, 2007                   7,700                    $0.14              
November 29, 2007                   5,000                    $0.14              
November 29, 2007                  15,000                    $0.14              
December 14, 2007                   3,400                    $0.14              
December 17, 2007                   5,070                    $0.14              
December 18, 2007                   3,700                    $0.14              
December 19, 2007                  10,504                    $0.14              

-------------------                                                             

* Does not include broker's commissions.                              

     Except for such transactions, Mr. Kirsh, the Foundation, Ki Corporation and
Mira Mag have not effected any transactions in the ordinary shares since        
December 19, 2007.                                                              

     (D) No person other than Mr. Kirsh, the Foundation, Ki Corporation and Mira
Mag, has the right to receive or the power to direct the receipt of dividends   
from, or the proceeds from the sale of, the shares reported above in this Item  
5.                                                                              

(E) Not applicable.                                                   

- 9 - 

SC 13D/A 10th Page of 11 TOC 1st Previous Next ↓Bottom Just 10th
SIGNATURES

   After reasonable inquiry and to the best of our knowledge and belief, the
undersigned hereby certify that the information set forth in this Statement is  
true, complete and correct.                                                     

Date: January 10, 2008                                                          

                                          /s/ Nathan Kirsh
                                          ----------------
                                          Mr. Nathan Kirsh

                                               THE EURONA FOUNDATION

                                          /s/ Nathan Kirsh
                                          ----------------
                                          By: Nathan Kirsh
                                        Title: Trustee

                                             KI CORPORATION LTD.

                                          /s/ Nathan Kirsh
                                          ----------------
                                           By:  Nathan Kirsh
                                         Title: Director

                                       MIRA MAG INC.

                                          /s/ Nathan Kirsh
                                          ----------------
                                           By:  Nathan Kirsh
                                         Title: Director

- 10 -

SC 13D/A Last Page of 11 TOC 1st Previous Next ↓Bottom Just 11th
                                                                      SCHEDULE 1

 LIST OF TRUSTEES OF THE EURONA FOUNDATION

NAME                                                                            

Prinz Michael von Liechtenstein                                                 

Nathan Kirsh                                                                    

LIST OF DIRECTORS AND EXECUTIVE OFFICERS OF KI CORPORATION LIMITED

NAME                                                                            

Nathan Kirsh                                                                    

Philip William Kirsh                                                            

Paul Jonathan Friedlander                                                       

Myra Anne Salkinder                                                             

 LIST OF DIRECTORS AND EXECUTIVE OFFICERS OF MIRA MAG INC.

NAME                                                                            

Nathan Kirsh                                                                    

Stanley Fleishman                                                               

Jacob Even Ezra.                                                                

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Dates Referenced Herein and Documents Incorporated by Reference

		Referenced-On Page
This ‘SC 13D/A’ Filing	Date	First	Last	Other Filings

Filed on:	1/10/08	8	10
	12/19/07	7	9
	11/20/07	1	8
	2/13/07	6
	7/24/03	6		6-K
				List all Filings

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Filing Submission 0001178913-08-000099 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Mira Mag Inc, et al. – ‘SC 13D/A’ on 1/10/08 re: Magal Security Systems Ltd

On: Thursday, 1/10/08, at 4:51pm ET · Accession #: 1178913-8-99 · File #: 5-53191

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Amendment to General Statement of Beneficial Ownership — Schedule 13DFiling Table of Contents

SC 13D/A — Amendment to General Statement of Beneficial OwnershipDocument Table of Contents

Dates Referenced Herein and Documents Incorporated by Reference

Amendment to General Statement of Beneficial Ownership — Schedule 13D
Filing Table of Contents

SC 13D/A — Amendment to General Statement of Beneficial Ownership
Document Table of Contents