<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ...)*
MetroCorp Bancshares, Inc.
(Name of Issuer)
Common Stock $1.00 Par Value Per Share
(Title of Class of Securities)
591650 10 6
(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).
<PAGE>
- ---------------------- -----------------
CUSIP No. 591650 10 6 13G Page 2 of 5 Pages
- ---------------------- -----------------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SIAH CHIN LEONG
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(A) / /
NONE
(B) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
MALAYSIA
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
460,000
SHARES ---------------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY ---------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
EACH
460,000
REPORTING ---------------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 0
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
460,000
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
/ /
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.6%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
Page 2 of 5
<PAGE>
ITEM 1(a)
Name of issuer: The name of the issuer is MetroCorp Bancshares, Inc.
("Bancshares").
ITEM 1(b)
Address of issuer's principal executive offices: The principal executive office
of Bancshares is 9600 Bellaire Boulevard, Suite 252, Houston, Texas 77036.
ITEM 2(a)
Name of person filing: The reporting person is Siah Chin Leong.
ITEM 2(b)
Address or principal business office or, if none, residence: The address of
Siah Chin Leong is 701-703 Asia Life Building, Jalan Seggett, 80000 Johor Bahru,
Johor Darul Takzim, Malaysia.
ITEM 2(c)
Citizenship: Siah Chin Leong is a citizen of Malaysia.
ITEM 2(d)
Title of class of securities: The class of securities of Bancshares owned
beneficially by Siah Chin Leong is common stock, $1.00 par value (the "Common
Stock").
ITEM 2(e)
CUSIP Number: 591650 10 6
ITEM 3
Not applicable
ITEM 4
Ownership:
(a) The amount of securities beneficially owned by Siah Chin Leong is 460,000
shares of Common Stock.
(b) The percent of the class of Common Stock beneficially owned by Siah Chin
Leong is 6.6%.
Page 3 of 5
<PAGE>
(c) Siah Chin Leong has the sole power to vote or to direct the vote of 460,000
shares of the Common Stock and the sole power to dispose or to direct the
disposition of 460,000 shares of the Common Stock.
ITEM 5
Ownership of 5 Percent or Less of a Class: Not applicable
ITEM 6
Ownership of More than 5 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 4 of 5
<PAGE>
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.
February 18, 1999
-----------------------------------
(Date)
/s/ Siah Chin Leong
-----------------------------------
(Signature)
Siah Chin Leong
-----------------------------------
(Name/Title)
Page 5 of 5