SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________
SCHEDULE 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO (S)240.13D-1(b),
(c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO (S)240.13D-2
(Amendment No. )*
------------------
Newmark Homes Corp.
-------------------------------------------
(Name of Issuer)
Common Stock
-------------------------------------------
(Title of Class of Securities)
651578106
------------------
(CUSIP Number)
December 31, 1998
-----------------------------------------------------------
Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[_] Rule 13d-1(c)
[x] Rule 13d-1(d)
*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 ("Act") 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).
<PAGE>
SCHEDULE 13G
- --------------------------------------------------------------------------------
COMMON STOCK CUSIP No. 651578106
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Pacific USA Holdings Corp.
IRS Identification No. 75-2255876
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF ----------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 9,200,000 shares of Common Stock
OWNED BY
EACH ----------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH 0
----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
9,200,000 shares of Common Stock
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 9,200,000 shares of Common Stock (See Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
80%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13G
- --------------------------------------------------------------------------------
COMMON STOCK CUSIP No. 651578106
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Pacific Electric Wire & Cable Co., Ltd.
IRS Identification No. -- N/A -- Foreign Corporation
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Taiwan, Republic of China
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF ----------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 9,200,000 shares of Common Stock
OWNED BY
EACH ----------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH 0
----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
9,200,000 shares of Common Stock
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 9,200,000 shares of Common Stock (See Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
80%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13G
- --------------------------------------------------------------------------------
COMMON STOCK CUSIP No. 651578106
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Pacific Realty Group, Inc.
IRS Identification No. 75-2495235
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Nevada
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF ----------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 9,200,000 shares of Common Stock
OWNED BY
EACH ----------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH 0
----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
9,200,000 shares of Common Stock
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 9,200,000 shares of Common Stock (See Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
80%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
Item 1. (a) Name of Issuer: Newmark Homes Corp.
(b) Address of Issuer's
Principal Executive 1200 Soldiers Field Drive
Offices: Sugar Land, Texas 77479
Item 2. (a) Names of Person Filing:
Pacific Electric Wire & Cable Co., Ltd.,
a Taiwanese company
Pacific USA Holdings Corp., a Texas corporation
Pacific Realty Group, a Nevada corporation
(b) Address of Principal
Business Offices: Pacific Electric Wire & Cable Co., Ltd.
c/o Pacific USA Holdings Corp.
2740 West Dallas Parkway, Suite 200
Plano, Texas 75093
Pacific USA Holdings Corp.
2740 West Dallas Parkway, Suite 200
Plano, Texas 75093
Pacific Realty Group, Inc.
c/o Pacific USA Holdings Corp.
2740 West Dallas Parkway, Suite 200
Plano, Texas 75093
(c) Citizenship: Not Applicable
(d) Title of Class Common Stock
Securities:
(e) CUSIP Number: 651578106
</TABLE>
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or
(c), check whether the person filing is a:
(a) [_] Broker or Dealer registered under Section 15 of the Act (15
U.S.C. 78o)
(b) [_] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C.
78c)
(c) [_] Insurance Company as defined in Section 3(a)(19) of the Act
(15 U.S.C. 78c)
(d) [_] Investment Company registered under Section 8 of the
Investment Company Act (15 U.S.C. 80a-8)
(e) [_] An investment adviser in accordance with
(S)240.13d-1(b)(1)(ii)(E)
(f) [_] An employee benefit plan or endowment fund in accordance
with (S)240.13d-1(b)(1)(ii)(F)
(g) [_] A parent holding company or control person in accordance
with (S)240.13d-1(b)(ii)(G)
(h) [_] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813)
(i) [_] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3)
(j) [_] Group, in accordance with (S)240.13d-1(b)(1)(ii)(J)
<PAGE>
Item 4. Ownership*
(a) Amount beneficially owned: 9,200,000 shares
(b) Percent of class: 80%
(c) Number of shares to which the person has:
(i) Sole power to vote or to direct the vote: 0 shares
(ii) Shared power to vote or to direct the vote: 9,200,000
shares
(iii) Sole power to dispose or to direct the disposition of: 0
shares
(iv) Shared power to dispose or to direct the disposition of:
9,200,000 shares
*Pacific Realty Group, Inc., directly owns the 9,200,000 shares of the issuer's
Common Stock. Pacific Realty Group, Inc., is a wholly owned subsidiary of
Pacific USA Holdings Corp., which is a wholly owned subsidiary of Pacific
Electric Wire & Cable Co., Ltd.
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner
of more than five percent of the class of securities, check the
following [_]
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not Applicable.
Item 7. Identification and Classification of the Subsidiaries Which Acquired
the Security Being Reported on by the Parent Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not Applicable.
Item 9. Notice of Dissolution of Group.
Not Applicable.
Item 10. Certification.
Not Applicable.
<PAGE>
After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Dated: February 5, 1999
Pacific USA Holdings Corp.
By: /s/ Bill C. Bradley
------------------------
Bill C. Bradley,
Chief Executive Officer
Pacific Electric Wire & Cable Co., Ltd.
By: /s/ Tung Ching-yun
------------------------
Tung Ching-yun,
Vice President
Pacific Realty Group, Inc.
By: /s/ Michael C. McCraw
------------------------
Michael C. McCraw,
Chairman
<PAGE>
EXHIBIT A
---------
JOINT FILING AGREEMENT
----------------------
The undersigned hereby agree that they are filing this statement jointly
pursuant to Rule 13d-1(f)(1). Each of them is responsible for the timely filing
of such Schedule 13G and any amendments thereto, and for the completeness and
accuracy of the information concerning such person contained therein; but none
of them is responsible for the completeness or accuracy of the information
concerning the other persons making the filing, unless such person knows or has
reason to believe that such information is inaccurate.
Dated: February 5, 1999
Pacific USA Holdings Corp.
By: /s/ Bill C. Bradley
----------------------
Bill C. Bradley,
Chief Executive Officer
Pacific Electric Wire & Cable Co., Ltd.
By: /s/ Tung Ching-yun
--------------------
Tung Ching-yun,
Vice President
Pacific Realty Group, Inc.
By: /s/ Michael C. McCraw
------------------------
Michael C. McCraw,
Chairman
<PAGE>
