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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. -- )*
Toymax International, Inc.
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
892268-10-3
(CUSIP Number)
*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).
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CUSIP No. 892268-10-3 13G Page 2 of 6 Pages
- -----------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
David Ki Kwan Chu
- -----------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / X /
(b) / /
- -----------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Hong Kong (China)
- -----------------------------------------------------------------------------------
5 SOLE VOTING POWER
--
NUMBER OF ---------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 4,330,335
EACH PERSON ---------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
--
---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,330,335
---------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,330,335
- -----------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- -----------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
40.8%
- -----------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- -----------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 6 Pages
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CUSIP No. 892268-10-3 13G Page 3 of 6 Pages
- -----------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Frances Shuk Kuen Leung
- -----------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / X /
(b) / /
- -----------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Hong Kong (China)
- -----------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF --
SHARES ---------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 4,330,335
EACH PERSON ----------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
--
---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,330,335
- -----------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,330,335
- -----------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- -----------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
40.8%
- -----------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- -----------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 3 of 6 Pages
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CUSIP No. 892268-10-3 13G Page 4 of 6 Pages
- --------------------------------------------------------------------------------
ITEM 1. Name and Address of Issuer's Principal Executive Offices:
(a) Toymax International, Inc. ("Toymax")
(b) 125 East Bethpage Road
Plainview, New York 11803
ITEM 2. (a) - (c) Name, Principal Business Address, and Citizenship of Persons
Filing:
(1) David Ki Kwan Chu
Units A and B, CDW Building
382-392 Castle Peak Road
Tsuen Wan, N.T., Hong Kong
Citizenship: Hong Kong (China)
(2) Frances Shuk Kuen Leung
Units A and B, CDW Building
382-392 Castle Peak Road
Tsuen Wan, N.T., Hong Kong
Citizenship: Hong Kong (China)
(d) Common Stock, par value $0.01 per share (the "Common Stock")
(e) 892268-10-3
ITEM 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a:
Not Applicable
ITEM 4. Ownership
The information in Items 1 and 5 through 11 on the cover pages (pp.
2-3) on Schedule 13G is hereby incorporated by reference.
All of the 4,330,335 shares of Common Stock reported by the Reporting
Persons are owned by Best Phase Limited, a British Virgin Islands
corporation, of which Mr. Chu and Ms. Leung own 100% of the
outstanding shares. Mrs. Leung is the wife of Mr. Chu and they are
deemed to be beneficial owners of each other's shares of Common Stock.
ITEM 5. Ownership of Five Percent or Less of a Class
Not Applicable
Page 4 of 6 Pages
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CUSIP No. 892268-10-3 13G Page 5 of 6 Pages
- --------------------------------------------------------------------------------
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
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.
-------------------------------------- --------------------
David Ki Kwan Chu Date
-------------------------------------- --------------------
Frances Shuk Kuen Leung Date
Page 5 of 6 Pages
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CUSIP No. 892268-10-3 13G Page 6 of 6 Pages
EXHIBIT A
Joint Filing Agreement
In accordance with Rule 13d-1(f) under the Securities Exchange Act of
1934, the persons named below agree to the joint filing on behalf of each of
them of a Statement on Schedule 13G (including amendments thereto) with
respect to the Common Stock of Toymax International, Inc. and further agree
that this Joint Filing Agreement be included as an Exhibit to such joint
filing. In evidence thereof, the undersigned hereby execute this Agreement
as of the ___th day of March 1998.
--------------------------------------------
David Ki Kwan Chu
--------------------------------------------
Frances Shuk Kuen Leung
Page 6 of 6 Pages
