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 December 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>
EXHIBIT LIST
------------
Exhibit Description
- ------- -----------
99.1 Press Release dated December 15, 1999
of MIH Limited
<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: December 17, 1999 by
/s/ Lesley R. Penfold
-------------------------------
Name: Lesley R. Penfold
Title: Chief Financial Officer
and Director
FOR IMMEDIATE RELEASE
MIHL TO FURTHER FOCUS ITS MANAGEMENT STRUCTURE
15 December 1999 - -MIHL (NASDAQ: MIHL), the NASDAQ and AEX listed
international television and internet platform operator and software technology
group, today announced a restructuring to advance the group's 3-pronged business
strategy focussing on television, technology and the Internet.
Effective 1 January 2000, a senior member of management will be
responsible for global operations for each line of business. Jim Volkwyn will
head up MIHL's TV platform operations, while Hans Hawinkels will spearhead the
Internet operations. Mindport and OpenTV will continue to be run by Steve
Oldfield and Jan Steenkamp, respectively. These changes will sharpen MIHL's
focus within each of the lines of business and enable it to develop interactive
TV, internet and technology opportunities more rapidly.
Furthermore, Steve Ward, a partner with PriceWaterhouseCoopers in the
Netherlands, will join as Chief Financial Officer as of 1 January 2000. While at
PriceWaterhouseCoopers, Steve was involved in advising multinational companies
and became familiar with the operations and finances of MIHL. Steve's knowledge
of international accounting and his wide-ranging financial experience will
further strengthen the financial capabilities of the group.
In making the announcement, Cobus Stofberg, Chief Executive Officer of
MIHL, remarked: "These changes in corporate structure were prompted by the
growth of MIHL's 3-pronged business strategy of television, technology and
internet. The new reporting lines will help us to make decisions quicker in a
rapidly evolving industry."
Contact:
Allan Rosenzweig, MIHL Tel: 0931 23 556 2870
Cell: 0931 653 408 931
Adrian Shaw/ Burson-Marsteller, London Tel: + 44 171 300 6248
Christine Grob
