SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13D
(Rule 13d-101)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1(a) AND 13d-2(a) UNDER
THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. )(1)
LEADING EDGE PACKAGING, INC.
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(Name of Issuer)
Common Stock, par value $0.01 per share
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(Title of Class of Securities)
521708107
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(CUSIP Number)
Casey K. Tjang, c/o Leading Edge Packaging, Inc.,
350 Fifth Avenue, Suite 3922, New York, NY 10118
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
11/3/97
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(Date of event which requires filing of this statement)
If the filing person has previously filed a statement on Schedule 13G
to report th e acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box
[ ].
(Page 1 of 5 Pages)
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(1) The remainder of this cover page shall 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 the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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CUSIP No. 521708107 13D Page 2 of 5 Pages
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1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Chung Hwa Development Holdings Limited
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
OO
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda/Hong Kong
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NUMBER OF SHARES 7. SOLE VOTING POWER
BENEFICIALLY OWNED BY
EACH REPORTING PERSON 1,875,000
WITH
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8. SHARED VOTING POWER
0
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9. SOLE DISPOSITIVE POWER
1,875,000
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10 SHARED DISPOSITIVE POWER
0
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,875,000
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
56.6%
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14. TYPE OF REPORTING PERSON
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13D
Item 1
Title of Securities. Common Stock, par value, $0.01 per share.
Name of Issuer. Leading Edge Packaging, Inc.
Address of Issuer's Principal Executive Office.
Empire State Building, 350 Fifth Avenue, Suite 3922,
New York, New York 10118.
Item 2
(a) Name of Person Filing. This Schedule 13D is being filed for
Chung Hwa Development Holdings Limited ("Chung Hwa").
(b) Address of Principal Business Office. The principal business
office of Chung Hwa is Rm. 912 Hutchinson House, 10 Harcourt
Road, Central, Hong Kong.
(c) Chung Hwa serves as a holding company for subsidiaries in the
luxury consumer product packaging, food and beverage and other
industries.
(d) During the last five years, Chung Hwa has not been convicted
in any criminal proceeding.
(e) During the last five years, Chung Hwa has not been a party to
any civil proceeding of a judicial or administrative body of
competent jurisdiction, which resulted in a judgment, decree
or final order enjoining future violations of, or prohibiting
or mandating activities subject to, Federal or State
securities laws or finding any violations with respect to such
laws.
(f) Citizenship. Chung Hwa is a Bermuda company which is listed on
The Stock Exchange of Hong Kong.
Item 3 Shares were transferred as part of an internal corporate
restructuring from a subsidiary to a parent for no
consideration.
Item 4 Shares were transferred as part of an internal corporate
restructuring from a subsidiary to a parent for no
consideration.
page 3 of 5 pages
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Item 5. Ownership
(a) Amount Beneficially Owned. As of the date hereof Chung Hwa
owned 1,875,000 shares of the issuer's Common Stock.
Percent of Class. The shares of Common Stock held by Rich City
represent 56.6% of the Common Stock outstanding as of the date
hereof.
(b) Number of shares as to which such person has:
Sole power to vote or to direct the vote: 1,875,000
Shared power to vote or to direct the vote: 0
Sole power to dispose or to direct the disposition of:
1,875,000
Shared power to dispose or to direct the disposition of: 0
(c) On November 3, 1997, Chung Hwa acquired 1,875,000 shares of
Common Stock from its subsidiary, Rich City International
Packaging Limited.
Item 6 Not applicable.
Item 7 Not applicable.
page 4 of 5 pages
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
DATE: November 7, 1997
CHUNG HWA DEVELOPMENT HOLDINGS LIMITED
By: /s/ Jenkin Cheng
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Name: Jenkin Cheng
Title:
page 5 of 5 pages
