<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
Newmark Homes Corp.
(Name of Issuer)
Common Stock, par value $.01 per share
(Title of Class of Securities)
651578106
(CUSIP Number)
Holly A. Hubenak
Technical Olympic USA, Inc.
1200 Soldiers Field Drive
Sugar Land, Texas 77479
(281) 243-0127
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
DECEMBER 15, 1999
(This amendment is filed to supplement the Schedule 13d filed by the Reporting
Persons on December 27, 1999, file number 005-55339.)
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule
13G to report the acquisition that is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box.
(Continued on following pages)
<PAGE> 2
CUSIP NO. 651578106
- --------------------------------------------------------------------------------
1 Name of Reporting Person
I.R.S. Identification No. of above person (entities only)
Technical Olympic USA, Inc.
- --------------------------------------------------------------------------------
2 Check the appropriate box if a member of a group*
(A) [ ]
(B) [x]
- --------------------------------------------------------------------------------
3 SEC use only
- --------------------------------------------------------------------------------
4 Source of Funds OO
- --------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings is Required Pursuant
to Items 2(d) or 2(e)
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization
Delaware, United States
- --------------------------------------------------------------------------------
7 Sole Voting Power
0
------------------------------------------------------
Number of 8 Shared Voting Power*
Shares
Beneficially 9,200,000 shares
Owned by ------------------------------------------------------
Each 9 Sole Dispositive Power
Reporting
Person 0
with ------------------------------------------------------
10 Shared Dispositive Power*
9,200,000 shares
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by each Reporting Person
9,200,000 shares
- --------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
80%
- --------------------------------------------------------------------------------
14 Type of Reporting Person
CO
- --------------------------------------------------------------------------------
* The Reporting Person expressly disclaims (a) the existence of any group and
(b) beneficial ownership with respect to any shares other than the shares
owned of record by such reporting person.
<PAGE> 3
CUSIP NO. 651578106
- --------------------------------------------------------------------------------
1 Name of Reporting Person
I.R.S. Identification No. of above person (entities only)
Technical Olympic (UK) Plc
- --------------------------------------------------------------------------------
2 Check the appropriate box if a member of a group*
(A) [ ]
(B) [x]
- --------------------------------------------------------------------------------
3 SEC use only
- --------------------------------------------------------------------------------
4 Source of Funds OO
- --------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings is Required Pursuant
to Items 2(d) or 2(e)
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization
Great Britain
- --------------------------------------------------------------------------------
7 Sole Voting Power
0
------------------------------------------------------
Number of 8 Shared Voting Power*
Shares
Beneficially 9,200,000 shares
Owned by ------------------------------------------------------
Each 9 Sole Dispositive Power
Reporting
Person 0
with ------------------------------------------------------
10 Shared Dispositive Power*
9,200,000 shares
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by each Reporting Person
9,200,000 shares
- --------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
80%
- --------------------------------------------------------------------------------
14 Type of Reporting Person
OO
- --------------------------------------------------------------------------------
* The Reporting Person expressly disclaims (a) the existence of any group and
(b) beneficial ownership with respect to any shares other than the shares
owned of record by such reporting person.
<PAGE> 4
CUSIP NO. 651578106
- --------------------------------------------------------------------------------
1 Name of Reporting Person
I.R.S. Identification No. of above person (entities only)
Technical Olympic S.A.
- --------------------------------------------------------------------------------
2 Check the appropriate box if a member of a group*
(A) [ ]
(B) [x]
- --------------------------------------------------------------------------------
3 SEC use only OO
- --------------------------------------------------------------------------------
4 Source of Funds
- --------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings is Required Pursuant
to Items 2(d) or 2(e)
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization
Greece
- --------------------------------------------------------------------------------
7 Sole Voting Power
0
------------------------------------------------------
Number of 8 Shared Voting Power*
Shares
Beneficially 9,200,000 shares
Owned by ------------------------------------------------------
Each 9 Sole Dispositive Power
Reporting
Person 0
with ------------------------------------------------------
10 Shared Dispositive Power*
9,200,000 shares
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by each Reporting Person
9,200,000 shares
- --------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
80%
- --------------------------------------------------------------------------------
14 Type of Reporting Person
OO
- --------------------------------------------------------------------------------
* The Reporting Person expressly disclaims (a) the existence of any group and
(b) beneficial ownership with respect to any shares other than the shares
owned of record by such reporting person.
<PAGE> 5
Item 2. Identity and Background.
(a) Name of Person(s) Filing this Statement (the "Reporting
Persons"):
Technical Olympic USA, Inc., a corporation formed under
the laws of the State of Delaware
Technical Olympic (UK) Plc, a company formed under the
laws of Great Britain
Technical Olympic S.A., a company formed under the laws
of Greece
(b) Business Address of Reporting Persons:
Technical Olympic USA, Inc.
Technical Olympic USA, Inc.
1200 Soldiers Field Drive
Sugar Land, Texas 77479
Technical Olympic (UK) Plc
20 Solomou Street
Ana Kalamaki
Athens, Greece 17456
Technical Olympic S.A.
20 Solomou Street
Ana Kalamaki
Athens, Greece 17456
(c) Present Principal Occupation or Employment:
Technical Olympic USA, Inc. is a holding company that
invests directly or indirectly in various companies.
Technical Olympic (UK), Plc is a holding company that
invests directly or indirectly in various companies and
engages in the real estate industry.
Technical Olympic S.A. is a diversified construction
company based in Greece and invests directly or indirectly
in various companies.
Pursuant to Instruction C to Schedule 13D of the Exchange
Act, information regarding the directors and executive
officers of the Reporting Persons follows:
Board of Directors and Executive Officers of Technical Olympic USA, Inc.
------------------------------------------------------------------------
<TABLE>
<CAPTION>
Executive Officers
(principal business
Name Business Address Board of Directors or occupation)
- -----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Constantinos Stengos 20 Solomou Street Director President
Ana Kalamaki (Managing Director of
Athens, Greece 17456 Technical Olympic S.A.)
</TABLE>
<PAGE> 6
<TABLE>
<S> <C> <C> <C>
Yannis Delikanakis 20 Solomou Street Director Vice President
Ana Kalamaki (Real Estate and Housing
Athens, Greece 17456 Director)
Andreas Stengos 20 Solomou Street Director Treasurer
Ana Kalamaki (General Director of
Athens, Greece 17456 Technical Olympic S.A.)
George Stengos 20 Solomou Street Director Assistant Secretary/
Ana Kalamaki Assistant Treasurer
Athens, Greece 17456 (Stock Market and
Purchasing Director of
Technical Olympic S.A.)
Zoi Stengou 20 Solomou Street Director Vice President
Ana Kalamaki (Vice President of
Athens, Greece 17456 Technical Olympic S.A.)
Tommy L. McAden 3624 Long Prairie Director Vice President/
Flower Mound, Texas 75022 Chief Financial Officer
(primary occupation)
Holly Hubenak 1200 Soldiers Field Drive Vice President/Secretary/
Sugar Land, Texas 77479 General Counsel (primary
occupation)
</TABLE>
Board of Directors and Executive Officers of Technical Olympic (UK) Plc
-----------------------------------------------------------------------
<TABLE>
<S> <C> <C> <C>
Constantinos Stengos 20 Solomou Street Director General Director
Ana Kalamaki (see above)
Athens, Greece 17456
Zoi Stengou 20 Solomou Street Director Vice President
(see above)
Andreas Stengos 20 Solomou Street Director General Director
Ana Kalamaki (see above)
Athens, Greece 17456
George Stengos 20 Solomou Street Director Corporate Secretary
Ana Kalamaki (see above)
Athens, Greece 17456
</TABLE>
Board of Directors and Executive Officers of Technical Olympic S.A.
-------------------------------------------------------------------
<TABLE>
<S> <C> <C> <C>
Constantinos Stengos 20 Solomou Street Director and Managing Director
Ana Kalamaki President of the (see above)
Athens, Greece 17456 Board of Directors
Andreas Stengos 20 Solomou Street Director General Director
Ana Kalamaki
Athens, Greece 17456
</TABLE>
<PAGE> 7
<TABLE>
<S> <C> <C> <C>
Zoi Stengou 20 Solomou Street Director Vice President
Ana Kalamaki (See above)
Athens, Greece 17456
Chrissi Stengou 20 Solomou Street Director Architectural Works
Ana Kalamaki Director
Athens, Greece 17456 (primary occupation)
George Stengos 20 Solomou Street Stock Market &
Ana Kalamaki Purchasing Director
Athens, Greece 17456 (see above)
Constantinos Lampos 20 Solomou Street Director Technical Director
Ana Kalamaki (Highway Projects)
Athens, Greece 17456 (primary occupation)
Yannis Delikanakis 20 Solomou Street Real Estate & Housing
Ana Kalamaki Director
Athens, Greece 17456 (see above)
Thanasis Klapadakis 20 Solomou Street Director Legal Matters &
Ana Kalamaki Arbitration's Director
Athens, Greece 17456 (primary occupation)
John Doxakis 20 Solomou Street Director Tenders and Procurement
Ana Kalamaki Director
Athens, Greece 17456 (primary occupation)
George Hatzis 20 Solomou Street Financial Director -
Ana Kalamaki Main Offices
Athens, Greece 17456 (primary occupation)
Takis Kazantzis 20 Solomou Street Financial Director -
Ana Kalamaki South & North Western
Athens, Greece 17456 Greece
(primary occupation)
</TABLE>
(b) None of the entities or persons identified in this Item 2 has, during the
last five years, been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors).
(c) None of the entities or persons identified in this Item 2 has, during the
last five years, been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such
proceeding was or is subject to 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.
<PAGE> 8
Item 3. Source and Amount of Funds or Other Consideration.
Technical Olympic USA, Inc. obtained the funds for the purchase
price of the shares of Common Stock from capital contributions by Technical
Olympic (UK) Plc.
Technical Olympic (UK) Plc obtained the funds for the capital
contributions to Technical Olympic USA, Inc. by a capital contribution from
Technical Olympic S.A.
Technical Olympic S.A. obtained the funds for the capital
contributions to Technical Olympic (UK) Plc by a share capital increase.
Item 7. Material to be Filed as Exhibits.
Exhibit 99.1: Joint Filing Agreement among the parties regarding filing
of Amendment No. 1 to Schedule 13D.
<PAGE> 9
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
February 14, 2000 TECHNICAL OLYMPIC USA, INC.
By: /s/ Constantinos Stengos
------------------------------
Name: Constantinos Stengos
Title: President
<PAGE> 10
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
February 14, 2000 TECHNICAL OLYMPIC (UK) PLC
By: /s/ Constantinos Stengos
------------------------------
Name: Constantinos Stengos
Title: General Director
<PAGE> 11
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
February 14, 2000 TECHNICAL OLYMPIC S.A.
By: /s/ Constantinos Stengos
------------------------------
Name: Constantinos Stengos
Title: Managing Director
<PAGE> 12
EXHIBIT INDEX
Exhibit
99.1 Joint Filing Agreement among the parties regarding
filing of Amendment No. 1 to Schedule 13D.
<PAGE> 1
Exhibit 99.1
JOINT FILING STATEMENT
Each of the undersigned agrees that (i) the statement on Amendment No. 1
to Schedule 13D relating to the Common Stock, par value $.01 per share, of
Newmark Homes Corp. has been adopted and filed on behalf of each of them, (ii)
all future amendments to such statement on Schedule 13D will, unless written
notice to the contrary is delivered as described below, be jointly filed on
behalf of each of them, and (iii) the provisions of Rule 13d-1(k)(1) under the
Securities Exchange Act of 1934 apply to each of them. This agreement may be
terminated with respect to the obligations to jointly file future amendments to
such statement on Schedule 13D as to any of the undersigned upon such person
giving written notice thereof to each of the other persons signatory hereto, at
the principal office thereof.
February 14, 2000 TECHNICAL OLYMPIC USA, INC.
By: /s/ Constantinos Stengos
------------------------------
Name: Constantinos Stengos
Title: President
TECHNICAL OLYMPIC (UK) PLC
By: /s/ Constantinos Stengos
------------------------------
Name: Constantinos Stengos
Title: General Director
TECHNICAL OLYMPIC S.A.
By: /s/ Constantinos Stengos
------------------------------
Name: Constantinos Stengos
Title: Managing Director
