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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT: FEBRUARY 18, 1997
MCII HOLDINGS (USA), INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
<TABLE>
<S> <C> <C>
DELAWARE 333-08871 86-0830781
(State or Other Jurisdiction (Commission (I.R.S. Employer
Incorporation or Organization) File Number) Identification No.)
</TABLE>
VIAD TOWER, 1850 NORTH CENTRAL AVENUE
PHOENIX, ARIZONA 85004
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code (602) 207-5000
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Item 2. Acquisition or Disposition of Assets.
On January 3, 1997, MCII Holdings (USA), Inc. ("MCII Holdings") acquired from
its parent company, Consorcio G Grupo Dina, S.A. de C.V. ("Dina"), 99.99% of the
shares of Dina Autobuses, S.A. de C.V. ("Autobuses"). This change in structure
was accomplished by Dina contributing 99.99% of the capital stock of Autobuses
to MCII Holdings, thereby making Autobuses and its two subsidiaries, AutoPartes
Hidalguenses, S.A. de C.V. and Carrocera Sahagun, S.A. de C.V., subsidiaries of
MCII Holdings.
Item 7. Financial Statements and Exhibits.
(a) Financial statements of businesses acquired
It is impracticable to provide the required financial statements for Autobuses
at this time. Such financial statements will be filed as an amendment to this
Form 8-K as soon as practicable, but no later than 60 days after February 18,
1997.
(b) Pro forma financial information
It is impracticable to provide the required pro forma financial information for
Autobuses at this time. The pro forma financial information will be filed as an
amendment to this Form 8-K as soon as practicable, but no later than 60 days
after February 18, 1997.
(c) Exhibits
Exhibit 2 - Plan of acquisition
Exhibit 27 - Financial Data Schedule will be provided as an amendment to this
Form 8-K as soon as practicable, but no later than 60 days after February 18,
1997.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
MCII HOLDINGS (USA), INC.
(Registrant)
February 18, 1997 By /s/ William B. Hanna
------------------------
William B. Hanna
Executive Vice President-Finance
(Principal Financial Officer
and Authorized Officer)
2
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EXHIBITS
Exhibit 2 - Plan of acquisition as described in a) minutes of Shareholder's
meeting of Dina Autobuses S.A. dated January 31, 1997 (in Spanish,
followed by an English translation) and b) Board of Directors'
consent of MCII Holdings (USA), Inc. dated January 29, 1997.
3
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EXHIBIT 2
EN CIUDAD SAHAGUN, ESTADO DE HIDALGO, SIENDO LAS 16:00 HORAS DEL DIA 31 DE
ENERO DE 1997, SE REUNIERON EN EL DOMICILIO SOCIAL DE DINA AUTOBUSES, S.A. DE
C.V., EL C.P. JOSE LUIS GALLO GRANADOS EN REPRESENTACION DE CONSORCIO G GRUPO
DINA, S.A. DE C.V., Y EL SENOR RAFAEL GOMEZ FLORES, ACCIONISTAS QUE SE
MENCIONAN EN LA LISTA DE ASISTENCIA QUE MAS ADELANTE SE TRANSCRIBE, CON EL
OBJETO DE CELEBRAR UNA ASAMBLEA GENERAL ORDINARIA DE ACCIONISTAS.
ASISTIERON TAMBIEN, EL C.P. FRANCISCO JAVIER SONI OCAMPO, COMISARIO DE LA
SOCIEDAD, LA LIC. MARTHA PATRICIA ROJAS HERNANDEZ, Y EL LIC. GINO GARCIA
MIRANDA COMO INVITADOS.
PRESIDIO LA ASAMBLEA EL SENOR RAFAEL GOMEZ FLORES, Y ACTUO COMO SECRETARIO EL
LIC. GUILLERMO KAREH AARUN, QUIENES OCUPAN LOS CARGOS DE PRESIDENTE Y
SECRETARIO DEL CONSEJO DE ADMINISTRACION DE LA SOCIEDAD, RESPECTIVAMENTE.
EL PRESIDENTE NOMBRO COMO ESCRUTADORES A LA LIC. MARTHA PATRICIA ROJAS
HERNANDEZ, Y AL LIC. GINO GARCIA MIRANDA, QUIENES CERTIFICARON QUE SE
ENCONTRABAN REPRESENTADAS LA TOTALIDAD DE LAS ACCIONES EN QUE SE DIVIDE EL
CAPITAL SOCIAL INTEGRAMENTE SUSCRITO Y PAGADO DE LA SOCIEDAD, DE CONFORMIDAD
CON LA SIGUIENTE:
LISTA DE ASISTENCIA
<TABLE>
<CAPTION>
ACCIONISTAS ACCIONES
CAPITAL FIJO CAPITAL VARIABLE
SERIE "A" SERIE "B"
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CONSORCIO G GRUPO
DINA, S.A. DE C.V. 474,000 395'947,999
SR. RAFAEL GOMEZ
FLORES. 1
_______ ___________
TOTAL 474,000 395'948,000
TOTAL DE ACCIONES SERIES "A" Y "B" 396'422,000
</TABLE>
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CON BASE EN LA CERTIFICACION DE LOS ESCRUTADORES, Y SIN NECESIDAD DE PREVIA
CONVOCATORIA, DE ACUERDO A LO DISPUESTO POR EL ARTICULO 188 DE LA LEY GENERAL
DE SOCIEDADES MERCANTILES, EL PRESIDENTE DECLARO LEGALMENTE INSTALADA LA
ASAMBLEA, CON LO CUAL ESTUVIERON DE ACUERDO TODOS LOS PRESENTES.
ACTO SEGUIDO, EL SECRETARIO PROCEDIO A DAR LECTURA AL SIGUIENTE:
ORDEN DEL DIA
I. - TRANSMISION DE ACCIONES.
II.- DESIGNACION DE DELEGADOS ESPECIALES.
I.- EN DESAHOGO DEL UNICO PUNTO DE LA ORDEN DEL DIA, Y EN USO DE LA PALABRA
EL PRESIDENTE MANIFESTO A LOS ACCIONISTAS QUE EN VIRTUD DE LA AUTORIZACION
OBTENIDA POR EL OFICIO 514 133 96 EXP 31650-C DE FECHA 11 DE SEPTIEMBRE DE 1996,
POR EL CUAL LA SECRETARIA DE COMERCIO Y FOMENTO INDUSTRIAL A TRAVES DE SU
DIRECCION GENERAL DE INVERSION EXTRANJERA, AUTORIZO PARA QUE SE LLEVE A CABO LA
ADQUISICION DEL 99.99% DE LAS ACCIONES REPRESENTANTIVAS DEL CAPITAL SOCIAL DE
DINA AUTOBUSES, S.A. DE C.V., POR LA EMPRESA ESTADOUNIDENSE MCII HOLDINGS
(USA),INC.
ACTO SEGUIDO EL LIC. JOSE LUIS GALLO GRANANDOS EN REPRESENTACION DE LA EMPRESA
CONSORCIO G GRUPO DINA, S.A. DE C.V, INFORMO QUE SU REPRESENTADA OBTUVO LA
AUTORIZACION DEL CONSEJO DE ADMINISTRACION MEDIANTE EL ACUERDO 8 DE LA SESION
DE CONSEJO DE ADMINISTRACION CELEBRADA CON FECHA 5 DE DICIEMBRE DE 1996, PARA
QUE SE LLEVE AL CABO LA TRASMISION DE ACCIONES REFERIDA.
POR LO TANTO MANIFESTO QUE SU REPRESENTADA AUTORIZA LA VENTA, Y EN CONSECUENCIA
TRANSMISION LA PROPIEDAD DE 474,000 ACCIONES SERIE A Y 395'947,999 ACCIONES
SERIE B REPRESENTATIVAS DEL CAPITAL SOCIAL DE DINA AUTOBUSES, S.A. DE C.V, DE
SU PROPIEDAD A LA EMPRESA MCII HOLDINGS (USA) INC, EN UN VALOR DE $1.446783
(UNO PUNTO CUATRO CUATRO SEIS SIETE OCHO TRES) POR ACCION., A LO CUAL EL OTRO
ACCIONISTA DE LA SOCIEDAD SR RAFAEL GOMEZ FLORES, COMENTO QUE NO TENIA NINGUN
INCOVENIENTE EN QUE SE REALIZARA LA TRANSMISION DE LAS ACCIONES MENCIONADAS
ANTERIORMENTE, POR LO QUE EN ESTE ACTO RENUNCIABA A CUALQUIER DERECHO QUE LE
CORRESPONDIERE PARA ADQUIRIR LAS ACCIONES DE DICHA TRANSMISION.
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DESPUES DE UNA AMPLIA DELIBERACION LOS SENORES ACCIONISTAS O SUS
REPRESENTANTES, POR UNANIMIDAD DE VOTOS DECIDIERON EMITIR EL SIGUIENTE:
ACUERDO 1
SE AUTORIZA A LA EMPRESA DENOMINADA CONSORCIO G GRUPO DINA S A DE C V
A VENDER Y COMO CONSECUENCIA DE ELLO TRANSMITIR LA PROPIEDAD DE
474,000 ACCIONES DE LA SERIE A Y 395'947,999 SERIE B REPRESENTATIVAS
DEL CAPITAL SOCIAL DE DINA AUTOBUSES SA DE C V, DE SU PROPIEDAD A LA
EMPRESA MCII HOLDINGS (USA), INC.
ACUERDO 2
ESTA TRANSMISION QUEDA SUJETA A LA CONDICION SUSPENSIVA DE OBTENER EL
OFICIO DE AUTORIZACION DE I A SECRETARIA DE HACIENDA Y CREDITO PUBLICO
REFERENTE A CONSIDERAR QUE NO EXISTE ENAJENACION PARA EFECTOS FISCALES
POR LA ESCISION QUE CELEBRO DINA AUTOBUSES, S.A. DE C.V. CON FECHA 12
DE JULIO DE 1996.
IL- EN DESAHOGO DEL SEGUNDO Y ULTIMO PUNTO DEL ORDEN DEL DIA, EL
PRESIDENTE DE LA ASAMBLEA EXPLICO A LO PRESENTES QUE ERA CONVENIENTE NOMBRAR
DELEGADOS ESPECIALES QUE DEN CUMPLIMIENTO Y FORMALICEN, EN SU CASO, LOS
ACUERDOS ADOPTADOS POR LA ASAMBLEA, TOMANDO EN CONSECUENCIA EL SIGUIENTE:
ACUERDO 3
SE RESUELVE EN ESTE ACTO AUTORIZAR A LOS LICENCIADOS GUILLERMO KAREH
AARUN, MARTHA PATRICIA ROJAS HERNANDEZ, GINO GARCIA MIRANDA Y HECTOR
BARRAGAN POZOS, PARA QUE EN NOMBRE Y REPRESENTACION DE DINA AUTOBUSES,
S.A. DE C.V., COMPAREZCAN, CONJUNTA O SEPARADAMENTE, DE SER NECESARIO,
ANTE EL NOTARIO PUBLICO DE SU ELECCION A FIN DE OTORGAR LA
PROTOCOLIZACION DE TODA O PARTE DE LA PRESENTE ACTA; PARA SOLICITAR Y
OBTENER LA INSCRIPCION DEL TESTIMONIO NOTARIAL CORRESPONDIENTE EN EL
REGISTRO PUBLICO DE COMERCIO DEL DOMICILIO DE LA SOCIEDAD; A HACER LAS
PUBLICACIONES, PARA ELABORAR, SUSCRIBIR Y PRESENTAR LOS AVISOS QUE SE
REQUIERAN, Y PARA EXPEDIR LAS COPIAS SIMPLES O CERTIFICADAS QUE DE LA
PRESENTE ACTA LES SEAN SOLICITADAS.
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NO HABIENDO OTRO ASUNTO QUE TRATAR, SE DIO POR TERMINADA LA ASAMBLEA,
LEVANTANDOSE LA PRESENTE ACTA PARA CONSTANCIA, LA CUAL, DESPUES DE HABER SIDO
LEIDA POR EL SECRETARIO Y APROBADA POR TODOS LOS PRESENTES, FUE AUTORIZADA A
SER FIRMADA POR EL PRESIDENTE, EL SECRETARIO, EL COMISARIO Y LOS ESCRUTADORES,
HACIENDO CONSTAR QUE EN EL MOMENTO DE LAS VOTACIONES ESTUVIERON PRESENTES O
REPRESENTADOS TODAS LOS ACCIONISTAS, MENCIONADOS EN LA LISTA DE ASISTENCIA.
/s/ Rafael Gomez Flores /s/ Guillermo Kareh Aarun
- ----------------------- --------------------------
SR. RAFAEL GOMEZ FLORES LIC. GUILLERMO KAREH AARUN
PRESIDENTE SECRETARIO
---------------------------------
C.P. FRANCISCO JAVIER SONI OCAMPO
COMISARIO
- ------------------------ -------------------------
LIC. GINO GARCIA MIRANDA LIC. MARTHA P. ROJAS HDEZ
ESCRUTADOR ESCRUTADORA
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[SEAL]
TRANSLATION
In Ciudad Sahagun, State of Hidalgo, at 16:00 Hours on the 31st. Day of
January, 1997, the General and Regular Meeting of Shareholders took place in
the registered office of the company named DINA AUTOBUSES, S.A. DE C.V., and
such Meeting was attended by MR. JOSE LUIS GALLO GRANADOS, CHARTERED
ACCOUNTANT, acting in his capacity of representative of CONSORCIO G GRUPO DINA,
S.A. DE C.V., and MR. RAFAEL GOMEZ FLORES acting as shareholders, along with
MR. JOSE LUIS GALLO GRANADOS, who appeared in the attending list duly
transcribed below, in order to hold said General and Regular Meeting of
Shareholders.
This Meeting was also attended by MR. FRANCISCO JAVIER SONI OCAMPO,
CHARTERED ACCOUNTANT, acting in his capacity of Commissioner of the
Partnership, and MARTHA PATRICIA ROJAS HERNANDEZ, ESQ., and GINO GARCIA
MIRANDA, ESQ., acting as participants.
This Meeting was presided by MR. RAFAEL GOMEZ FLORES, and MR. GUILLERMO
KAREH AARUN ESQ., who represent the Board of Administration of the Partnership
as President and Secretary respectively.
The President appointed MARTHA PATRICIA ROJAS HERNANDEZ, ESQ. and MR.
GINO GARCIA MIRANDA, ESQ. as scrutineers, who certified that all shares, which
integrated the
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capital stock of the Partnership were duly subscribed and paid up, and the same
were duly represented in accordance with the following:
LIST OF ATTENDANCE
<TABLE>
<CAPTION>
SHAREHOLDERS SHARES
FIXED VARIABLE
CAPITAL CAPITAL
--------- ----------
<S> <C> <C>
CLASS "A" CLASS "B"
CONSORCIO G GRUPO
DINA, S.A. DE C.V. 474,000 395'947,999
MR. RAFAEL GOMEZ
FLORES 1
------- -----------
TOTAL 474,000 395'948,000
TOTAL OF SHARES CLASS "A" AND "B" 396'422,000
</TABLE>
Taking as a basis the Certification prepared by the Scrutineers, and
without previous call, in accordance with provision contained in Article 188 of
the General Law on Mercantile Partnerships, the President declared the legal
performance of the Meeting, and all those individuals who attended the same
agreed on such legal opening.
Next, The Secretary proceeded to read the following
AGENDA
I. TRANSFER OF SHARES
II. APPOINTMENT OF SPECIAL MEMBERS
I. In order to release the sole issue of the Agenda, the President
stated before the Shareholders that in virtue of the authorization granted by
Official Letter Number 514 113 96, File 31650-C, dated on September 11, 1996,
in which the Secretary of
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Commerce and Industrial Development, through its General Office of Foreign
Investments, authorized the terms for the acquisition of 99.99% of shares that
represented the capital stock of DINA AUTOBUSES, S.A. DE C.V., by the American
Company bearing the name of MCII HOLDINGS (USA), INC.
Next, MR. JOSE LUIS GALLO GRANADOS, acting as representative for
CONSORCIO G GRUPO DINA, S.A. DE C.V. reported that such Company obtained an
authorization granted by the Board of Administration by means of Resolution
Number 8 adopted on Session held by the Board of Administration dated on the
5th. Day of December, 1996, in order to carry out the transfer of shares above
referred.
Therefore, he stated that the Company he represented authorized the
sale, and in consequence the transfer of 474,000 shares in Class "A" and
395'947,999 shares in Class "B" which represented capital stock owned by DINA
AUTOBUSES, S.A. DE C.V., in favor of MCII HOLDINGS (USA), INC., representing a
value of $1.446783 (ONE POINT FOUR FOUR SIX SEVEN EIGHT THREE) per share. On
this business affair, the other shareholder of the Partnership: MR. RAFAEL GOMEZ
FLORES, commented that he did not have any inconvenient for performing such
transfer of shares above cited, in consequence, in this legal act he waived to
any right he would have to acquire the shares of such transfer.
After a considerable deliberation, the Shareholders or their
representatives, in an unanimous result of votes, decided the adoption of the
following:
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RESOLUTION 1
The Company CONSORCIO G GRUPO DINA, S.A. DE C.V. is authorized for the
selling, and as a consequence of such operation, the transfer of property
related to 474,000 shares in Class "A" and 395'947,999 in Class "B", which
represent the capital stock of DINA AUTOBUSES, S.A. DE. C.V., owned by
CONSORCIO G GRUPO DINA, S.A. DE C.V. in favor of MCII HOLDINGS (USA), INC.
RESOLUTION 2
This transfer is subject to the suspensive condition of obtaining the
Official Letter containing the Authorization granted by the Secretariat of
Treasure and Public Credit which considers that there is not any selling for
tax purposes due to this division of capital which was entered by DINA
AUTOBUSES, S.A. DE C.V. on July 12, 1996.
II. In order to release the Second and last issue of the Agenda, the
President of the Meeting explained before those who attended the same that it
was convenient to appoint Special Members who may comply with, and formalize,
if that is the case, the resolutions adopted by such Meeting, obtaining as a
consequence the adoption of the following:
RESOLUTION 3
It is resolved in this legal act to authorize GUILLERMO KAREH AARUN,
ESQ., MARTHA PATRICIA ROJAS HERNADEZ, ESQ., GINO GARCIA MIRANDA, ESQ. and
HECTOR BARRAGAN POZOS, ESQ. for participating in the name and behalf of DINA
AUTOBUSES, S.A. DE C.V., as well as the authorization to appear jointly or
severally, if such matter is necessary, before the Notary Public of their
choice, in order to grant the official
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record of the whole or part of the present Minute; to request and obtain the
recording of the corresponding Notarial Deed before the Public Registrar for
Commerce applicable to the domicile of the Partnership; to publish, prepare,
subscribe and submit the Notices which are required, as well as the issuance of
sample or certified copies of the present Minute which may be requested.
Finally, it was declared the closing of this Meeting, and the
corresponding Minute was prepared for the record. After such Minute was read by
the Secretary and approved by all who attended the same, it was authorized to
be signed by the President, the Secretary, the Commissioner and the Scrutineers
as well, stating that at the moment of voting, all shareholders, above
mentioned in the attending list were present or duly represented by their
authorized individuals.
---------------------------------------
MR. RAFAEL GOMEZ FLORES
PRESIDENT
---------------------------------------
GUILLERMO KAREH AARUN, Esq.
SECRETARY
---------------------------------------
FRANCISCO JAVIER SONI OCAMPO,
Chartered Accountant
COMMISSIONER
---------------------------------------
MARTHA PATRICIA ROJAS HERNANDEZ, Esq.
SCRUTINEER
---------------------------------------
GINO GARCIA MIRANDA, Esq.
SCRUTINEER
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MCII HOLDINGS (USA), INC.
-------------------------
CONSENT TO ACTION OF BOARD OF DIRECTORS
WITHOUT A MEETING
January 29, 1997
The undersigned, being all of the members of the Board of Directors of
MCII Holdings (USA), Inc., a Delaware corporation (the "Company"), do hereby
consent, in accordance with the laws of the state of Delaware, to the adoption
of the following resolution as a resolution of the Board of Directors of the
Company without a meeting of the Board and do hereby vote in favor of the
following resolution:
Authorization to Accept as a Capital Contribution 99.99% of the Capital Stock
of DINA AUTOBUSES, S.A. DE C.V.
WHEREAS, management of the Company has determined it to be in the best
interests of the Company to accept as a capital contribution from the Company's
sole stockholder, Consorcio G Grupo Dias, S.A. de C.V. ("Consorcio G"), 99.99%
of the capital stock of Dina Autobuses, S.A. de C.V. ("DASA").
RESOLVED, that effective January 29, 1997, the Company accepts, as a
capital contribution from Consorcio G, 99.99% of the issued and outstanding
capital stock of DASA; and
BE IT FURTHER RESOLVED, that Consorcio G has determined the value of
the 99.99% of the capital stock of DASA to be $760'000.000 PESOS, and that the
Company agrees that said valuation is fair and reasonable.
This Consent may be executed in several counterparts with the same force
and effect as if all of the members of the Board of Directors had signed the
same instrument and shall be filed with the minutes of the Company.
Dated January 29, 1997
/s/ Rafael Gomez Flores /s/ Guillermo Kareh Aarun
- ---------------------------------- --------------------------------
Rafael Gomez Flores Guillermo Kareh Aarun
/s/ Gamallel Garcia Cortes /s/ Stephen P. Glennon
- ---------------------------------- --------------------------------
Gamallel Garcia Cortes Stephen P. Glennon
