Scailex Corp Ltd (SCIXF/SCIXF.PK) Wrap Up:

Scailex Corporation Ltd. engages in the import, marketing, and provision of maintenance services for cell phones from Samsung Corporation. It sells Samsung cell phones using GSM technology to Pelephone, Cellcom, and Partner cellular network operators, as well as CDMA-based Samsung cell phones to Pelephone. The company also sells spare parts and accessories, such as batteries and hands free kits for cell phones made by Samsung. In addition, Scailex markets cell phones and associated accessories, as well as provides maintenance, repair, and technical warranty services for various cell phones to end customers in the Cellcom network through a chain of ?Dynamica Cellular? stores and points of sale. Further, the company involves in financial asset management and identification of business opportunities. As of December 31, 2008, it operated a chain of 39 stores and points of sale in Israel. The company was formerly known as Scitex Corporation Ltd. and changed its name to Scailex Corporation Ltd. in December 2005. The company was founded in 1968 and is based in Petach Tikva, Israel. Scailex Corporation Ltd. is a subsidiary of Suny Electronics Ltd.