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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 12b-25
NOTIFICATION OF LATE FILING
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SEC File Number: 0-9833
[X] Form 10-K [ ] Form 11-K [ ] Form 20-F [ ] Form 10-Q
[ ] Form N-SAR
For Period Ended: May 31, 1997
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended:
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Read Attached Instruction Sheet Before Preparing Form. Please
Print or Type
Nothing in this Form shall be construed to imply that the
Commission has verified any information contained herein.
If the notification relates to a portion of the filing checked
above, identify the Item(s) to which the notification relates:
PART I - REGISTRANT INFORMATION
Full Name of Registrant: UNIHOLDING CORPORATION
Former Name if Applicable:
96 Spring Street
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(Address of Principal Executive Office - Street and Number)
New York, NY 10012
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(City, State and Zip Code)
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PART II - RULES 12b-25(b) and (c)
If the subject report could not be filed without unreasonable
effort or expense and the registrant seeks relief pursuant to
Rule 12b-25(b), the following should be completed. (Check box
if appropriate)
[x] (a) The reasons described in reasonable detail in Part III
of this form could not be eliminated without unreasonable
effort or expense;
[x] (b) The subject annual report, semi-annual report,
transition report on Form 10-K, Form 20-F, Form 11-K or
Form N- SAR or portion thereof will be filed on or before the
fifteenth calendar day following the prescribed due date; or
the subject quarterly report or transition report on Form 10-Q
or portion thereof will be filed on or before the fifth
calendar day following the prescribed due date; and
[ ] (c) The accountant's statement or other exhibit required
by Rule 12b-25(c) has been attached if applicable.
PART III - Narrative
State below in reasonable detail the reasons why Form 10-K, 20-F, 11-K,
10-Q, N-SAR or transition report or portion thereof could not be filed within
the prescribed time period.
The Registrant has been unable to assemble all of the materials from
certain affiliates necessary to effect the filing without unreasonable effort or
expense.
PART IV - Other Information
(1) Name and telephone number of person to contact in regard to
this notification: Eugene Cronin, Esq. (212) 925-2800
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(Name) (Area Code) (Telephone Number)
(2) Have all other period reports required under section 13 or
15(d) of the Securities Exchange Act of 1934 or section 30 of the
Investment Company Act of 1940 during the preceding 12 months or
for such shorter period that the registrant was required to file
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such report(s) been filed? If the answer is no, identify
report(s). [x] Yes [ ]No
(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year
will be reflected by the earnings statements to be included in
the subject report or portion thereof? [X] Yes [ ]No
The Registrant's income during the fiscal year ended May 31, 1997 will be
affected by write downs of approximately $30 million as previously reported in
the Form 10-Q for the period ended February 28, 1997, but partially off-set by
improved revenues. A reasonable estimate of results for fiscal year 1997 is
revenues of approximately $100 million. No reasonable estimate of net income is
available at the present time because of delays in obtaining complete financial
information from certain subsidiaries.
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UNIHOLDING CORPORATION
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(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: August 29, 1997 /S/BRUNO ADAM
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Bruno Adam, Chief Financial Officer
ATTENTION
Intentional misstatements or omissions of fact constitute
Federal Criminal Violations (See 18 U.S.C. 1001).
