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SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
EQUITY ONE, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK
- --------------------------------------------------------------------------------
(Title of Class of Securities)
294752100
-----------------------------
(CUSIP Number)
January 7, 1999
-----------------------------------------------------
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)
_ Rule 13d-1(c)
_ Rule 13d-1(d)
x Rule 13d-2
* 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 -0-
EACH
REPORTING
PERSON
WITH 6 SHARED VOTING POWER
-0-
7 SOLE DISPOSITIVE POWER
-0-
8 SHARED DISPOSITIVE POWER
-0-
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
-0-
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
293,430
7 SOLE DISPOSITIVE POWER
-0-
8 SHARED DISPOSITIVE POWER
293,430
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
293,430
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.79%
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: None.
(b) Percent of Class: None.
<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: None
(ii) Shared power to vote or to direct the vote: None
(iii) Sole power to dispose or to direct the disposition
of: None
(iv) Shared power to dispose or to direct the disposition
of: None
Item 5. Ownership of Five Percent or Less of Class.
-------------------------------------------
X
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. and Dan Overseas 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
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:
293,430 shares of Common Stock ("Common
Stock"). This amount represents warrants
held by Dan Overseas Ltd., which is a
subsidiary of Danbar Resources and
Development Ltd.
<PAGE>
CUSIP No. 294752100 13G Page 7 of 9 Pages
--------------- ------- -------
(b) Percent of Class: 2.79%
(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: 293,430
(iii) Sole power to dispose or to direct the disposition
of: None
(iv) Shared power to dispose or to direct the disposition
of: 293,430
Item 5. Ownership of Five Percent or Less of Class.
----------------------------------------------------------------
X
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 8 of 9 Pages
--------------- ------- -------
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: January 11, 1999
Resources Holdings (Magen 1993) Ltd.
By: /s/ Yaacov Engel
------------------------------------
Yaacov Engel
<PAGE>
CUSIP No. 294752100 13G Page 9 of 9 Pages
--------------- ------- -------
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: January 11, 1999
Danbar Resources and Development Ltd.
By: /s/ Yaacov Engel
------------------------------------
Yaacov Engel
