[DESCRIPTION]SCHEDULE 13G/A
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 1 )*
MAS Acquisition XXIII Corp.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
(CUSIP Number)
October 9, 2000
(Date of Event Which Requires Filing of this Statement)
Aaron Tsai
c/o MAS Financial Corp.
17 N. Governor St.
Evansville, Indiana 47711
(812) 425-1050
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[x] Rule 13d-1(c)
[_] Rule 13d-1(d)
*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 on 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.: N/A
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1 NAME OF REPORTING PERSON
MAS Capital Inc.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
31-1678027
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) [_]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Indiana
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5 SOLE VOTING POWER
327,600
NUMBER OF SHARES --------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
EACH --------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 327,600
WITH --------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
327,600
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.13%
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12 TYPE OF REPORTING PERSON
CO
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CUSIP No.: N/A
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1 NAME OF REPORTING PERSON
Aaron Tsai
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) [_]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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5 SOLE VOTING POWER
327,600
NUMBER OF SHARES --------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
EACH --------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 327,600
WITH --------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
327,600
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.13%
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12 TYPE OF REPORTING PERSON
IN
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Item 1.
(a) Name of Issuer: MAS Acquisition XXIII Corp.
(b) Address of Issuer's Principal Executive Offices:
17 N. Governor St.
Evansville, IN 47711
Item 2.
(a) Name of Person Filing: MAS Capital Inc. and Aaron Tsai.
(MAS Capital Inc. is controlled by Aaron Tsai)
(b) Address of Principal Business Office:
MAS Capital Inc. and Aaron Tsai:
c/o MAS Financial Corp.
17 N. Governor St.
Evansville, IN 47711
(c) Citizenship: MAS Capital Inc. - Indiana, Aaron Tsai - USA.
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: N/A
Item 3. Not Applicable.
Item 4. Ownership
(a) Amount Beneficially Owned: 327,600
(b) Percent of Class: 2.13%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote 327,600
(ii) shared power to vote or to direct the vote -0-.
(iii) sole power to dispose or to direct the disposition of
327,600
(iv) shared power to dispose or to direct the disposition of
-0-.
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of
more than five percent of the class of securities, check the following
[X]
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Not Applicable.
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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 a Group
Not Applicable.
Item 10. Certification
Not Applicable.
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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.
October 11, 2000
MAS Capital Inc.
By: /s/ Aaron Tsai
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Aaron Tsai
President
By: /s/ Aaron Tsai
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Aaron Tsai
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