Sipup Corporation (OTCPK:SPUP) entered into an agreement to acquire a 24.8% stake in Tamir Fishman Real Estate Fund Ltd. (TASE:TFRE) from Elijah Knapler for ILS 12 million on October 6, 2016. Sipup Corporation will pay ILS 0.4 million simultaneously with the signing of the agreement, which will be discounted from the total consideration to be paid upon closing. The deal is expected to close not later than November 27, 2016.