RVB Holdings Ltd. (OTCPK:RVBH.F) announced that it has entered into an agreement for a private placement of 9,990,000 common shares at ILS 0.06006 per share with new investor Aviv Tzidon and Magic Stones - Gemstone Import and Marketing Ltd. for gross proceeds of ILS 599,999.4 on October 28, 2015. As part of the round, the investor will acquire a total of 99.99% stake in the company. The transaction is subject to among others things including the approval of the Israel official receiver and the court.