<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of October 1999
MIH LIMITED
(Translation of registrant's name into English)
Abbot Building
Mount Street
Tortola
Road Town
BRITISH VIRGIN ISLANDS
(Address of principal executive offices)
(Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.)
Form 20-F x Form 40-F
--- ---
(Indicate by check mark whether the registrant by furnishing the
information contained in this form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange
Act of 1934.)
Yes No x
--- ---
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
MIH LIMITED
Date: October 25, 1999 by /s/ L.R. Penfold
--------------------------------
Name: L.R. Penfold
Title: Director
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<TABLE>
<CAPTION>
EXHIBIT LIST
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Sequential
Exhibit Description Page Number
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<S> <C> <C>
99.1 Press Release dated October 25,
1999 of MIH Limited (OpenTV Corp.
intends registering for initial
public offering)
99.2 Press Release dated October 25,
1999 of MIH Limited (OpenTV Corp.
introduces global partners)
</TABLE>
<PAGE>
Exhibit 99.1
PRESS RELEASE
FOR RELEASE AT 08H00 CENTRAL EUROPEAN TIME ON MONDAY 25-10-99
OPENTV CORP. INTENDS REGISTERING FOR INITIAL
--------------------------------------------
PUBLIC OFFERING
---------------
MIH Limited (NASDAQ and Amsterdam Stock Exchange; MIHL) announced today
OpenTV Corp. (OpenTV), its controlled British Virgin Islands subsidiary and
worldwide leader in interactive television software for digital set-top boxes,
intends to offer new shares of its common stock through a global equity
offering (the offering), registered with the Securities and Exchange
Commission (SEC) in the United States. The offering is subject to the
approval of shareholders of MIH Holdings, MIHL's South African listed parent
company.
OpenTV is the worldwide leader in interactive television software providing a
complete end-to-end solution for the development and delivery of interactive
services via digital satellite, cable and terrestrial broadcast. OpenTV
set-top box software has been installed in more than 4.3 million digital
set-top boxes. To date, OpenTV software solutions have been deployed by 13
global television networks, including British Sky Broadcasting (BSkyB) in the
United Kingdom and TPS in France. EchoStar's DISH Network-TM- is scheduled to
launch interactive services utilising OpenTV software in the US later this
year.
<PAGE>
The proceeds from the offering will be used primarily to fund its growing
application development business, which enables networks and content
providers to offer enhanced programming such as "t-commerce" (e-commerce on
the TV) and interactive advertising. In addition, OpenTV will also continue
to develop its set-top box software business and to expand its global sales
and marketing.
The registration statement relating to the securities has not been filed with
the SEC. The securities may not be sold nor may offers to buy be accepted
prior to the time that a registration statement becomes effective.
Accordingly, this press release does not constitute an offer to sell or a
solicitation of an offer to buy these securities and any such offer to sell
or solicitation of an offer to buy will be made only by means of a prospectus.
HOOFDDORP
25 October 1999
<PAGE>
NOTES TO EDITORS:
MIHL
MIH Limited (MIHL) is an international television platform operator and
interactive media technology group. The group operates in three principal
regions:
- - the African continent - South Africa, sub-Saharan Africa, Egypt and the
Middle East
- - the Mediterranean - Greece and Cyprus
- - in South East Asia - Thailand and development operations based out of
Beijing and Hong Kong
It's turnover is derived from pay-media operations, which comprise pay-TV and
the Internet, and technology businesses, comprising interactive runtime
operations through OpenTV and conditional access, subscriber management
customer care and billing systems and systems integration consultancy
services through Mindport.
The group recently completed its IPO and listing on NASDAQ and the Amsterdam
Stock Exchange by raising net proceeds of US$170 million. With the IPO
proceeds, its low gearing and its access to international capital markets
through these listings, the group is well placed to continue funding its
investment plans into new and existing markets.
<PAGE>
OPENTV
OpenTV is the worldwide leader in interactive television software for the
digital set-top box providing a complete end-to-end solution for the
development and delivery of interactive services via digital satellite,
cable, and terrestrial broadcast. OpenTV set-top box software has been
shipped with or installed in more than 4.3 million digital set-top boxes
worldwide. To date, OpenTV software solutions have been deployed by 13
television networks worldwide, including British Sky Broadcasting (BSkyB) in
the United Kingdom and TPS in France. EchoStar's DISH Network is scheduled to
launch interactive services utilizing OpenTV software in the U.S. early next
year.
The OpenTV set-top box software is licensed to more than 20 digital set-top
box manufacturers, and OpenTV's authoring tools are licensed to more than 100
independent developers and content and service providers. OpenTV is a member
of the Digital Video Broadcasting (DVB) project, CableLabs OpenCable
initiative, ATSC DASE, and JavaTV. OpenTV is a licensee of Personal Java(tm)
from Sun Microsystems (NASDAQ: SUNW).
OpenTV is now supported by investments from seven leading Internet and
broadcast companies including America Online (NYSE: AOL), General Instrument
(NYSE: GIC), Liberty Digital (NASDAQ: LDIG), News Corporation (NYSE: NWS) and
Time Warner (NYSE: TWX) in addition to Sun Microsystems and MIH Limited
(NASDAQ: MIHL). Worldwide headquarters for OpenTV is located in Mountain
View, California, with European operations in Paris, France and offices in
Seoul, South Korea and Beijing, China. Information on OpenTV is available at
WWW.OPENTV.COM.
<PAGE>
OpenTV is a registered trademark of OpenTV, Inc. All rights reserved. Java
and all Java-based trademarks and logos are trademarks or registered
trademarks of Sun Microsystems, Inc. in the U.S. and other countries. All
other trademarks are the property of their respective owners.
WARNER BROS. AND TIME WARNER ENTERTAINMENT COMPANY
Warner Bros., a Time Warner Entertainment Company, is a global leader in the
creation, production, distribution and marketing of all forms of
entertainment and their attendant businesses. Turner Broadcasting System,
Inc., a subsidiary of Time Warner Inc., is a major producer of news and
entertainment around the world and the leading provider of programming to the
basic cable industry.
AMERICA ONLINE
Founded in 1985, America Online, Inc., based in Dulles, Virginia, is the
world's leader in interactive services, Web brands, Internet technologies,
and e-commerce services. America Online, Inc. operates: two worldwide
Internet services, America Online, with more than 18 million members, and
CompuServe, with over 2 million members; several leading Internet brands
including ICQ and Digital City, Inc.; the Netscape Netcenter and AOL.COM
portals; and the Netscape Navigator and Communicator browsers. Through its
strategic alliance with Sun Microsystems, the Company develops and offers
easy-to-deploy, end-to-end e-commerce and enterprise solutions for companies
operating in the Net Economy.
<PAGE>
CONTACT DETAILS
MARK SOROUR +31-653413515
ALLAN ROSENZWEIG +31-653408931
<PAGE>
Exhibit 99.2
Please release
For release at 08h00 Central European time on Monday 25-10-99
OPENTV CORP. INTRODUCES GLOBAL PARTNERS
MIH Limited (NASDAQ and Amsterdam Stock Exchange; MIHL) announced today that
six global groups have purchased approximately $31.25 million of Convertible
Preferred Equity (Convertible Preferred Equity) in its indirectly controlled
interactive television software subsidiary OpenTV. The Convertible Preferred
Equity will convert on a one for one basis into common stock on predetermined
terms and conditions.
The investments and operating agreements* signed between the six leading media
and internet companies and OpenTV will enhance OpenTV's US position and will
allow it to expand the range of interactive applications available to its
global client base.
Five of the six companies are new strategic investors in OpenTV, including
American OnLine, General Instrument, Liberty Digital, News Corporation and Time
Warner. Sun Microsystems, which was a founding shareholder in OpenTV in 1994,
has also participated in the Convertible Preferred Equity investment.
"These investments are an endorsement of our outstanding reputation of
delivering flexible end-to-end digital interactive television solutions in
competitive international markets," said Jan Steenkamp, CEO of OpenTV.
<PAGE>
"OpenTV has proven itself as a worldwide leader in interactive television
software and applications to a global client base. These new strategic
investments and operating relationships will place OpenTV in an even stronger
position to capitalise on future interactive revenue streams," said MIHL CEO
and OpenTV Chairman, Cobus Stofberg.
The proceeds from the investment will be used mainly to fund the development of
its growing applications business, which enables networks and content providers
to offer enhanced programming, such as "t-commerce" (e-commerce on the TV) and
interactive advertising. It will also be used for the development of its set-
top box software business and to expand its global sales and marketing.
HOOFDDORP
25 October 1999
<PAGE>
NOTES TO EDITORS:
MIHL
MIH Limited (MIHL) is an international television platform operator and
interactive media technology group. The group operates in three principal
regions:
- - the African continent - South Africa, sub-Saharan Africa, Egypt and the
Middle East
- - the Mediterranean - Greece and Cyprus
- - in South East Asia - Thailand and development operations based out of
Beijing and Hong Kong
It's turnover is derived from pay-media operations, which comprise pay-TV and
the Internet, and technology businesses, comprising interactive runtime
operations through OpenTV and conditional access, subscriber management
customer care and billing systems and systems integration consultancy
services through Mindport.
The group recently completed its IPO and listing on NASDAQ and the Amsterdam
Stock Exchange by raising net proceeds of US$170 million. With the IPO
proceeds, its low gearing and its access to international capital markets
through these listings, the group is well placed to continue funding its
investment plans into new and existing markets.
<PAGE>
OPENTV
OpenTV is the worldwide leader in interactive television software for the
digital set-top box providing a complete end-to-end solution for the
development and delivery of interactive services via digital satellite,
cable, and terrestrial broadcast. OpenTV set-top box software has been
shipped with or installed in more than 4.3 million digital set-top boxes
worldwide. To date, OpenTV software solutions have been deployed by 13
television networks worldwide, including British Sky Broadcasting (BSkyB) in
the United Kingdom and TPS in France. EchoStar's DISH Network is scheduled to
launch interactive services utilizing OpenTV software in the U.S. early next
year.
The OpenTV set-top box software is licensed to more than 20 digital set-top
box manufacturers, and OpenTV's authoring tools are licensed to more than 100
independent developers and content and service providers. OpenTV is a member
of the Digital Video Broadcasting (DVB) project, CableLabs OpenCable
initiative, ATSC DASE, and JavaTV. OpenTV is a licensee of Personal Java(tm)
from Sun Microsystems (NASDAQ: SUNW).
OpenTV is now supported by investments from seven leading Internet and
broadcast companies including America Online (NYSE: AOL), General Instrument
(NYSE: GIC), Liberty Digital (NASDAQ: LDIG), News Corporation (NYSE: NWS) and
Time Warner (NYSE: TWX) in addition to Sun Microsystems and MIH Limited
(NASDAQ: MIHL).
<PAGE>
Worldwide headquarters for OpenTV is located in Mountain View, California,
with European operations in Paris, France and offices in Seoul, South Korea
and Beijing, China. Information on OpenTV is available at WWW.OPENTV.COM.
OpenTV is a registered trademark of OpenTV, Inc. All rights reserved. Java
and all Java-based trademarks and logos are trademarks or registered
trademarks of Sun Microsystems, Inc. in the U.S. and other countries. All
other trademarks are the property of their respective owners.
WARNER BROS. AND TIME WARNER ENTERTAINMENT COMPANY
Warner Bros., a Time Warner Entertainment Company, is a global leader in the
creation, production, distribution and marketing of all forms of
entertainment and their attendant businesses. Turner Broadcasting System,
Inc., a subsidiary of Time Warner Inc., is a major producer of news and
entertainment around the world and the leading provider of programming to the
basic cable industry.
AMERICA ONLINE
Founded in 1985, America Online, Inc., based in Dulles, Virginia, is the
world's leader in interactive services, Web brands, Internet technologies,
and e-commerce services. America Online, Inc. operates: two worldwide
Internet services, America Online, with more than 18 million members, and
CompuServe, with over 2 million members; several leading Internet brands
including ICQ and Digital City, Inc.; the Netscape Netcenter and AOL.COM
portals; and the Netscape Navigator and Communicator browsers. Through its
strategic alliance with Sun Microsystems, the Company develops and offers
easy-to-deploy, end-to-end e-commerce and enterprise solutions for companies
operating in the Net Economy.
<PAGE>
CONTACT DETAILS
MARK SOROUR +31-653413515
ALLAN ROSENZWEIG +31-653408931
