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SECURITIES AND EXCHANGE COMMISSION
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
EQUITY ONE, INC.
------------------------------------------------------------
(Name of Issuer)
COMMON STOCK
--------------------------------------------------
(Title of Class of Securities)
294752100
-------------------------------
(CUSIP Number)
December 16, 1998
------------------------------------------------------
Date of Event Which Requires Filing of this Statement
Check the following box to designate the rule pursuant to which this Schedule is
filed:
_ Rule 13d-1(b)
X Rule 13d-1(c)
_ 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>
CUSIP No. 294752100 13G Page 2 of 9 Pages
--------------- ------- ------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Resources Holdings (Magen 1993) Ltd.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY 702,523
EACH
REPORTING
PERSON
WITH 6 SHARED VOTING POWER
-0-
7 SOLE DISPOSITIVE POWER
702,523
8 SHARED DISPOSITIVE POWER
-0-
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
702,523
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.8%
12 TYPE OF REPORTING PERSON*
CO
<PAGE>
CUSIP No. 294752100 13G Page 3 of 9 Pages
--------------- ------- ------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Danbar Resources and Development Ltd.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY
EACH
REPORTING
PERSON
WITH
6 SHARED VOTING POWER
995,953
7 SOLE DISPOSITIVE POWER
-0-
8 SHARED DISPOSITIVE POWER
995,953
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
995,953
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.4%
12 TYPE OF REPORTING PERSON*
CO
<PAGE>
CUSIP No. 294752100 13G Page 4 of 9 Pages
--------------- ------- ------
SCHEDULE 13G
------------
(Resources Holdings (Magen 1993) Ltd.)
Item 1(a). Name of Issuer:
--------------
Equity One, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
-----------------------------------------------
1600 N.E. Miami Gardens Drive, Ste. 200, N. Miami Beach, FL
Item 2(a). Name of Person Filing:
---------------------
Resources Holdings (Magen 1993) Ltd.
Item 2(b). Address of Principal Business Office or, if None, Residence:
-----------------------------------------------------------
66 Hahistadrut Ave., Haifa, Israel
Item 2(c). Citizenship:
-----------
Israel
Item 2(d). Title of Class of Securities:
----------------------------
Common Stock
Item 2(e). CUSIP Number: 294752100
------------
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
-------------------------------------------------------------
13d-2(b):
--------
Not Applicable
Item 4. Ownership:
---------
(a) Amount Beneficially Owned:
702,523 shares of Common Stock ("Common Stock").
(b) Percent of Class: 6.8%
<PAGE>
CUSIP No. 294752100 13G Page 5 of 9 Pages
--------------- ------- ------
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 702,523
(ii) Shared power to vote or to direct the vote: none
(iii) Sole power to dispose or to direct the disposition of:
702,523
(iv) Shared power to dispose or to direct the disposition of:
none
Item 5. Ownership of Five Percent or Less of Class.
------------------------------------------
Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of
-----------------------------------------------------
Another Person.
--------------
Not Applicable
Item 7. Identification and Classification of the Subsidiary
-----------------------------------------------------
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>
CUSIP No. 294752100 13G Page 6 of 9 Pages
--------------- ------- ------
SCHEDULE 13G
------------
(Danbar Resources and Development Ltd., as parent of Resources
Holdings (Magen 1993) Ltd.)
Item 1(a). Name of Issuer:
--------------
Equity One, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
-----------------------------------------------
1600 N.E. Miami Gardens Drive, Ste. 200, N. Miami Beach, FL
Item 2(a). Name of Person Filing:
---------------------
Danbar Resources and Development Ltd., as parent of
Resources Holdings (Magen 1993) Ltd. and of Dan
Overseas Ltd., which holds Warrants to purchase up to
293,430 shares of Common Stock of the issuer.
Item 2(b). Address of Principal Business Office or, if None, Residence:
-----------------------------------------------------------
66 Hahistadrut Ave., Haifa, Israel
Item 2(c). Citizenship:
-----------
Israel
Item 2(d). Title of Class of Securities:
----------------------------
Common Stock
Item 2(e). CUSIP Number: 294752100
------------
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
--------------------------------------------------------------
13d-2(b):
--------
Not Applicable
Item 4. Ownership:
---------
(a) Amount Beneficially Owned:
995,953 shares of Common Stock ("Common
Stock"). This amount represents shares held
by Resources Holdings (Magen 1993) Ltd. and
by Dan Overseas Ltd., both of which are
subsidiaries of Danbar Resources and
Development Ltd.
<PAGE>
CUSIP No. 294752100 13G Page 7 of 9 Pages
--------------- ------- ------
(b) Percent of Class: 9.4%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: none
(ii) Shared power to vote or to direct the vote: 995,953
(iii) Sole power to dispose or to direct the disposition of: none
(iv) Shared power to dispose or to direct the disposition of:
995,953
Item 5. Ownership of Five Percent or Less of Class.
------------------------------------------
Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another
--------------------------------------------------------------
Person.
------
Not Applicable
Item 7. Identification and Classification of the Subsidiary Which
--------------------------------------------------------------
Acquired the Security Being Reported on by the Parent Holding
--------------------------------------------------------------
Company.
-------
Resources Holdings (Magen 1993) Ltd.
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>
CUSIP No. 294752100 13G Page 8 of 9 Pages
--------------- ------- ------
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were not acquired and are not held for the purpose
of or with the effect of changing or influencing the control of the Issuer of
the securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
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.
Dated: December 28, 1998
Resources Holdings (Magen 1993) Ltd.
By: /S/ Yaacov Engel
--------------------------------
Yaacov Engel
<PAGE>
CUSIP No. 294752100 13G Page 9 of 9 Pages
--------------- ------- ------
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were not acquired and are not held for the purpose
of or with the effect of changing or influencing the control of the Issuer of
the securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
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.
Dated: December 28, 1998
Danbar Resources and Development Ltd.
By: /s/ Yaacov Engel
------------------------------
Yaacov Engel
